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Seller’s vs. Buyer’s Market: A Seller’s Guide to Decoding Market Conditions

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From cocktail parties to backyard barbecues, it seems like everyone around you is talking about how hot the real estate market is. So does that mean you’re in a buyer’s market or a seller’s market? Like stock prices, the real estate market fluctuates. Seller’s market: The odds are in your favor. as of 2020.

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Is It a Good Time to Sell a House, As Home Prices Would Suggest?

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What’s more, 48% of agents believe home values in their market will continue to climb over the next six months, and 46% noted bidding wars were increasing in their market. But as home prices across the country surge, so do intense waves of coronavirus cases. So is it a good time to sell a house, or will the move leave you in the lurch?

As-is 103
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Should I Sell My Current House Before I Buy a New One?

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We’ll explain the market’s impact on this decision to sell or buy first, and provide advice from real estate experts such as Joel Barber , a top agent who works with 83% more single-family homes than the average Myrtle Beach, South Carolina, agent, to help you make the right choice. In a buyer’s market. In a seller’s market.

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Do I Accept the First Offer on My House, or Wait and See?

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Your house has been on the market three months or more. Cash vs. financing : Cash offers usually result in a faster sale than mortgage-backed offers; if speed is an important aspect of the sale, this could make a significant difference. Therefore, the fewer contingencies tied to an offer, the more likely the deal will reach closing.

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Find a Top-Performing, Trusted Realtor in 30 Minutes or Less

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Top agent Dave Mattes , who completes 21% more sales than the average agent in Reading, Pennsylvania, thinks that “a good real estate agent is somebody that dedicates enough time to treat their customers well, and they have fast responses, market knowledge, and good communication.”. Is the agent engaged in the current market?

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Find a Top-Performing, Trusted Realtor in 30 Minutes or Less

HomeLight

Top agent Dave Mattes , who completes 21% more sales than the average agent in Reading, Pennsylvania, thinks that “a good real estate agent is somebody that dedicates enough time to treat their customers well, and they have fast responses, market knowledge, and good communication.”. Is the agent engaged in the current market?

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Seller’s Market 101: Is Your Real Estate Market Hot or Not?

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Does a ‘Sale Pending’ sign materialize on your neighbor’s yard a few days after a “For Sale” sign appears? If these scenarios ring true, chances are you’re in the midst of a seller’s market. In any commodity market, there are sellers, and there are buyers.