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Report Says Baltimore is a Buyer's Market for New Homes

If you're in the market for a new home in Baltimore, negotiate hard. 

That's according to Zillow, which analyzed the best markets for home buyers and sellers and concluded that Chicago, Cleveland, Philadelphia and Baltimore were among the top buyers' markets. In its list of buyers' markets, Baltimore came in at No. 7, behind Cincinnati, New York and Pittsburgh. 

The study, featured on Forbes.com, was completed using Zillow's third quarter 2012 market data.

"In buyers’ markets, homes for sale stay on the market longer, price cuts occur more frequently and homes are sold for less relative to their listing price, giving buyers more negotiating power," Forbes writes. You can read the entire article here


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