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

HomeLight

MARCH 31, 2021

More than half of those surveyed by Chase bank in 2019 plan to stay in their home, choosing to renovate rather than pack up. For example, if there are 1,500 homes for sale and 500 pending sale, the market would have a three-month supply of homes. A seller’s market puts homeowners in an ideal situation.

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