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

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From cocktail parties to backyard barbecues, it seems like everyone around you is talking about how hot the real estate market is. So does that mean you’re in a buyer’s market or a seller’s market? Like stock prices, the real estate market fluctuates. Seller’s market: The odds are in your favor. Home prices rise.

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

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If these scenarios ring true, chances are you’re in the midst of a seller’s market. A seller’s market exists when there are more homebuyers than available homes. He explains what a seller’s market looks like and what to expect if you’re a homeowner thinking about selling in these ideal conditions.

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

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Each option may have advantages that depend on market conditions. 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. In a buyer’s market.

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Find a Top-Performing, Trusted Realtor in 30 Minutes or Less

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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.”. Is the agent engaged in the current market?

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

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To help you evaluate your first offer, we’ll walk you through key consideration points, how to weigh the strength of the offer, encourage you to assess your objectives, and how to factor in market conditions. Your house has been on the market three months or more. How market conditions can influence your decision. Find an Agent.

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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.”. Is the agent engaged in the current market?

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

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What’s more, 48% of agents believe home values in their market will continue to climb over the next six months, and 46% noted bidding wars were increasing in their market. As first timers enter the market, they don’t unlock any inventory when they make a purchase. Go off-market. Source: (CDC / Unsplash).

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