With falling home prices and higher inventories, most of the public views real estate as a "buyer's market," in which buyers hold more of the control and sellers will more eagerly accept lower offers just to sell. Not so fast, say buyers and sellers. More buyers are finding the sellers in the driver's seat. Buyer Young Hammack gave up looking for homes for a while after being outbid on three properties in California. "It's a false buyer's market," Hammack says. [...]
