With oil prices being a public concern potential home buyers are cautious. They don't want to buy if prices are going to fall.
However, if too many buyers hold off while inventory increases this spring they could be the cause of the perfect buyers market and they'll probably miss it.
The group of buyers that wait will miss what might be the best time to buy. A smart buyer sees the group waiting, watches the surplus of homes hit the market and buys while supply is up and demand is low - the perfect time to buy anything.
Red Deer properties for sale up 8% in less than 2 weeks and sales are 4% behind Feb'14. Cautious buyers cause a "buyers market" - and they themselves will miss it.