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

HomeLight

Federal Housing Financing Agency (FHFA). 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. Homes sell faster.

Marketing 111
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Seller’s Market 101: Is Your Real Estate Market Hot or Not?

HomeLight

For example, in Lexington, Kentucky, zoning regulations prevent new building starts with an established boundary line that limits new construction. And when you do find the right house, there’s a chance another buyer could outbid you — putting you back at square one. Your home may sell faster than you anticipate.

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13 ways to compete with cash offers & win a deal for your clients

Housing Wire

While thats great news for sellers, it can be tough for buyers, especially the average buyer whos financing their purchase. Your financed buyers still have a chance! If you know one of the other offers is cash, Id recommend increasing the escalation amount to make your buyers financed offer more attractive to the seller.