"The spring home-buying season has arrived--except things are quite different from years past. While many economists believe house prices still have further to fall, there's little doubt it's become a buyer's market, with buyers gaining leverage that was unthinkable during the boom and the long run-up in prices. For once, qualified buyers have the upper hand not only with sellers but also with real estate agents, mortgage lenders, and even contractors who can bring a house up to snuff."
[via Yahoo Finance]