Buyers Market or Sellers Market?

Interesting week in the exciting world of Real Estate. We have been working with 2 buyers. We put in offers on 2 separate places. The next Buyer put an offer in on a Foreclosure property. It was a beautiful home in Romeoville. 4 bedrooms, 2.5 baths only a few years old and in great condition. Our buyer offered $1000 over list price and was paying cash and the offer was rejected. The next buyer was also looking for a Foreclosure and they put in an offer for $10,000 over list price and was also paying cash and their offer was also rejected. Now I ask you.... Is this a buyers market or a sellers market? This week the Sellers certainly had the upper hand. But of course, that can all change in the blink of an eye in this mysterious shifting market.