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

HomeLight

APRIL 29, 2021

During the hot housing market between 2002 and 2007, average home prices jumped by 42% , according to data from the U.S. Federal Housing Financing Agency (FHFA). Sellers can expect to receive offers faster in a seller’s market than in a buyer’s market. Your bank account will thank you! Homes sell faster.

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

HomeLight

MARCH 31, 2021

More than half of those surveyed by Chase bank in 2019 plan to stay in their home, choosing to renovate rather than pack up. Federal Reserve, the country’s central bank, controls interest rates. Regional economic prosperity: Homebuyers are more likely to emerge in a robust local economy when wallets and bank accounts are flush.

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