What market condition does low buyer demand typically result in?

Low buyer demand typically results in a buyer's market due to the imbalance it creates between supply and demand. In a buyer's market, there are more homes available than there are buyers looking to purchase them. This surplus of inventory tends to put downward pressure on prices, as sellers compete to attract the limited number of buyers.

In this scenario, buyers have the advantage, often leading to more favorable negotiating conditions, such as lower prices or additional concessions from sellers. The presence of low demand signals that buyers are either hesitant to enter the market or that external factors may be influencing their purchasing decisions, such as economic conditions, interest rates, or personal financial situations.

The other market conditions described involve different dynamics. A strong market indicates robust buyer activity and high demand, while a seller's market features more buyers than available properties, driving prices up. A neutral market suggests a balance between supply and demand, with neither buyers nor sellers having a distinct advantage. In contrast, a buyer's market is clearly defined by the predominance of low buyer demand.