Remove Construction Remove Days on market Remove Finance Remove Rent back
article thumbnail

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

HomeLight

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. Factors that lead to a seller’s market. Homes sell faster.

Marketing 109
article thumbnail

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

HomeLight

The sting of the market tumble kept cautious home builders from excessive building in the decade to follow, suppressing inventory while buyer demand continued to grow. Zoning restrictions cause building delays or thwart construction completely: Many cities limit new housing with strict zoning laws and building regulations.