Is It a Buyer’s or Seller's Market Today?

By Tammy Jerome

Tammy Jerome is an award-winning broker and host of “Selling Los Angeles” on the acclaimed American Dream TV show, with over two decades of experience and more than 1,500 successful transactions.

Lately, I’ve been getting the same question over and over—Is this a good time to buy or sell? The answer isn’t black and white. It’s not just a buyer’s market or a seller’s market. It’s a mix of both. And if you know how to approach it, you can win either way. Let me break it down.

Buyers have more power than they think. Right now, buyers are seeing fewer bidding wars. That gives you more room to negotiate. You can get a better price, ask the seller to cover your closing costs, or even lower your interest rate through a buy-down. And with inflation still a concern, real estate remains one of the most reliable ways to protect your wealth. It’s a smart, long-term move for you and your family.

Sellers still hold the upper hand. Even with interest rates up, home inventory is low. Many homeowners are holding onto their 2.75% or 3% mortgage rates, and new construction is moving slowly due to labor and supply issues. That means homes priced and marketed correctly are still getting strong offers and, in some cases, multiple ones. But here’s the key: pricing matters more than ever. Sellers need to stay realistic, understand what buyers can afford, and be open to flexible terms. The right strategy and the right agent can make all the difference.

The opportunity is here if you act wisely. Whether you’re buying or selling, this market offers real opportunities. Buyers should stay patient, look for value, and work with a strong negotiator. Sellers should stay grounded, know their numbers, and partner with an agent who can position their homes effectively.

The market doesn’t have to be overwhelming. Based on your unique situation, I can help you make a smart, confident decision. If you’re ready to make a move or want to explore your options, let’s talk. Call or text me at 818-903-5854, or email me at tammyjerome@gmail.com. Let’s make your next move your smartest one yet.