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Buyer’s Market vs Seller’s Market: What’s the Difference?

The Close

In real estate, the market is tied to the basic economic rule of supply and demand, which determines if a market is a buyer’s market vs seller’s market. Sure, certain seasons might have more foot traffic than others, but the housing market could vary drastically from neighborhood to neighborhood.

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What Happens After Making an Offer on a House?

Windemere Buying

However, celebrating at this stage in the buying process could leave you heartbroken if your offer isn’t accepted. Revealing what goes on behind the curtain in this critical stage of the buying process will help you understand what to expect next. First, let’s take a look at the three ways a seller can respond to your offer.

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What Is the Cost to Sell a House in Chicago?

HomeLight

Embarking on a sales transaction of that size calls for some planning, including understanding the costs, potential proceeds, and how long your home might be on the market so you can anticipate your next move. Chicago didn’t have the huge spike in pricing that some of the markets throughout the states [had]. Santiago Valdez.

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What to Know About Selling Your Home in Houston, Texas

HomeLight

Fear of the unknown can cause home sellers a high level of anxiety, especially when the housing market is in flux. Knowing what to expect can help you to craft a solid plan and take confident steps forward when listing and selling your home in the Houston market. There’s not a massive influx or mass exodus.

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How to Sell a House With a Realtor®, From Home Prep to Closing Day

HomeLight

Meanwhile, your Realtor® has market knowledge. They can recommend key updates , advise you against unnecessary expenses, and market the home based on an expert assessment of local market conditions. Few (or zero) repair requests, contingencies , or seller concessions. Find Agent. An all-cash offer.

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What to Know About Selling a House in Austin, Texas

HomeLight

Fear of the unknown can cause home sellers a high level of anxiety, especially when the housing market is in flux. Knowing what to expect can help you to craft a solid plan and take confident steps forward when listing and selling your home in the Austin market. It’s very property-specific,” says Smith of the Austin market.

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What to Know About Selling a House in New York State

HomeLight

In a shifting housing market, the prospect of entering into a major real estate transaction can seem daunting — especially if you’re unsure about the steps involved. If you’re selling on the open market in New York State, choosing the right price is one of the most important steps. Looking to sell a home in New York State?