Balance

Staying with the theme--Markets are neither good or bad, here's a thought:  Good and bad are just terms we attach to a condition based on our perception and our perception depends on where we stand.

Balanced markets favor more of the population than Good or Bad market conditions.  A balanced market provides some appreciation, a fair number of homes to consider and compete against, and prices that are attainable by a great segment of the population.

Therefore, there are not good or bad markets---there are only markets which are void of balance.