09/28/2022
What’s the difference and what does it mean to me?
Buyer’s Market - The number of homes for sale exceeds the number of buyers. Supply is greater than demand.
• For Buyers: This means more options are available. More negotiating power and potentially lower prices.
• For Sellers: Your property might take longer to sell and the asking price is more negotiable.
Seller’s Market - The number of homes for sale is low compared to the number of buyers. The demand is greater than the supply.
• For Buyers: More competition.
• For Sellers: Likely to sell faster and receive more offers. Potentially higher asking price.
No matter what type of market it is, Im here to help you navigate it! If you want to learn more give me a call.
Bella Mathieu | 832-901-5341
[email protected]
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