A "Buyer's Market" occurs when there are more goods or properties available for sale than there are buyers. This situation often leads to lower prices, as sellers compete to attract potential buyers. In real estate, for example, a buyer's market can result in favorable conditions for those looking to purchase a home, as they have more options and negotiating power. In a buyer's market, consumers can take their time to make decisions, as they are not pressured by high demand. Sellers may need to offer incentives, such as price reductions or additional perks, to entice buyers. This dynamic can be beneficial for buyers looking to get the best deal possible.