Identifying a buyers or sellers market differs with each community. In one community, home sales might be sparse with short market time and the demand is high. A few towns over might see the opposite: plenty of ‘for sale’ signs and far less buyers.
Ten years ago when the housing crisis reached a fever pitch, there was far more of the latter. But markets always recover, and we’ve consistently seen home values on the rise. As homeowners begin to think about listing their homes, those on the hunt need to identify what type of market it is.
This excerpt from bestagenttoday.com
Thinking of Selling your home?
Stacy Schnell – Realtor