You'll always find the best selection of homes to choose from and the lowest prices when house hunting in a buyer's market rather than a seller's market. During a buyer's market, there are more listings than people looking to buy. This means less competition and a higher likelihood that you'll have an offer accepted that's below the asking price. Of course, you can't always predict when the market will flip between a buyer's or seller's market, but you can time your house hunt around the time of year whether you're after the best selection or the lowest prices.