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

HomeLight

An ample supply (lots of homes for sale) and limited demand (fewer buyers) leads to a buyer’s market. Conversely, lack of supply (fewer homes for sale) and abundant demand (lots of buyers) results in a seller’s market. It can affect: How you prepare your home for sale. Too few resale homes for sale. Home prices rise.

Marketing 111
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Seller’s Market 101: Is Your Real Estate Market Hot or Not?

HomeLight

Does a ‘Sale Pending’ sign materialize on your neighbor’s yard a few days after a “For Sale” sign appears? This competition gives sellers leverage to negotiate for a higher sales price and better offer terms, such as fewer contingencies. When rates dip, so do interest charges.