Remove Days on market Remove Equity 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. Homes sell faster. Your bank account will thank you!

Marketing 108
article thumbnail

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

HomeLight

It helps to know where the market is now and where it’s headed. In a buyer’s market. In a buyer’s market , inventory exceeds demand, typically resulting in homes spending more days on market , and thus, resulting in pressure on the seller to reduce the price or offer concessions to incentivize a buyer. The upsides.