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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. Buyer demand may be influenced by: Low mortgage interest rates :Homebuyers benefit from a slight boost in spending power when interest rates drop.

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

HomeLight

A strong economy, reticent home sellers, and lagging new construction all contribute to a seller’s market. Buyers may also throw in deal sweeteners such as a seller rent back , which allows you to stay in the home (renting from the buyer for a period of time) after closing. Factors that lead to a seller’s market.

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