http://www.mortgagenewsdaily.com/7312006_Home_Buyers_Market.aspHome buyers have waited for years but perhaps the agony is over. It is official; the National Association of Realtors has confirmed that we are now in a buyers' market . According to the NAR June report on existing home sales issued last week there isenCommunityServer 2008 SP2 (Build: 31106.96)http://www.mortgagenewsdaily.com/7312006_Home_Buyers_Market.asp#7336Tue, 08 Aug 2006 11:00:00 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:7336JohnI&#39;ll say it&#39;s a buyers market. We purchased a home that was originally priced at $849,900 for $710,000. The sellers took the &quot;take it or leave it&quot; offer on their 3400 sq. ft. home, which is new, built in 2005. I think the market could soften even more as more inventory comes online. We were going to sit it out until mid late November, but we found &quot;the&quot; house we&#39;ve been looking for, and feel we got a reasonable buy on the home. Be patient if you&#39;re looking... you&#39;ll save big $&#39;s in the long run.<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=7336" width="1" height="1">http://www.mortgagenewsdaily.com/7312006_Home_Buyers_Market.asp#7333Wed, 02 Aug 2006 11:00:00 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:7333Michael PeakeMortgage interest rates have fallen - which is also good for buyers. This was GREAT NEWS for some of my clients! They could affort a larger home! Ah, business cycles!<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=7333" width="1" height="1">