Current housing market and home buying questions?

  • Thread starter Thread starter Waiting4baby
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Waiting4baby

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My husband and I are currently searching for a new home. I keep hearing that the housing market is now a buyers market and that now is the time to buy. I also see houses come out with one price and continue to lower and lower it, and not get sold. What I am wondering is how much lower is okay to offer and can you expect to pay than the asking price? If it is a buyers market, I imagine you can offer lower and actually believe it may happen. So if the home is listed for $120,000, what would be a fair offer, considering the market? I sure hope I am making sense! I am still so new to this and we would like to be able to get as much as we can out of this! Thanks for all the help!
 
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