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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. When you’re selling, the type of market you’re in makes all difference to your bottom line.

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Should I Sell My Current House Before I Buy a New One?

HomeLight

Our Home Value Estimator tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Start by understanding the market. It helps to know where the market is now and where it’s headed. In a buyer’s market.

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

HomeLight

After listing your home for sale, you eagerly, nervously … anxiously await the news that someone wants to buy it. 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. Eventually, the call comes.

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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.”. Do they have sales or listings pending?

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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.”. Do they have sales or listings pending?

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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? If these scenarios ring true, chances are you’re in the midst of a seller’s market. Lack of supply is a significant factor that contributes to a seller’s market.

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

HomeLight

Many Realtor boards publish monthly market reports featuring data on local home prices and days on market trends to give you a more precise gauge of market temperature. A Move Safe agent prioritizes digital tools and virtual closings, as well as cleaning the property between showings. Go off-market.

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