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

HomeLight

A strong economy, reticent home sellers, and lagging new construction all contribute to a seller’s market. For example, in 2017, a competitive housing market in Western Washington prompted “serious buyers” to waive home inspections and financing contingencies. Expect to invest more in staging, curb appeal, and light cosmetic upgrades.

Marketing 107
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Should I Sell My House in 2022? Factors to Help You Decide

HomeLight

Although Quinn says buyers are more likely to forgo home inspections , they are reluctant to purchase houses that need work — especially with the current challenges of finding contractors or building supplies. A brand-new house is another option, but supply chain problems, labor shortages, and zoning issues are impeding construction.