You probably heard terms "Seller's Market" and "Buyer's Market". If you ever wondered what that means, here is a quick visual guide.
Simply put when there are more buyers on the market then available homes for sale it is seller's market. When there are more homes for sale than buyers who are willing and ready to purchase a home it is buyer's market. Why it's important? Because during Seller's Market prices are going up (great time to sell) and during Buyer's Market prices are going down (great time to buy). Important to remember that market is always local. Example: it is possible to sell a home at advantage in well established sought-after neighborhood and to buy a home at advantage a little farther out in some newer developing neighborhood same time.
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Author:Diana Polovko Phone: 984-833-9233 Dated: May 8th 2019 Views: 115 About Diana: My clients are my #1 priority. With honesty, integrity and hard work as the key elements of my busin...
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