MARKET CONDITIONS-A BUYER'S MARKET

A BUYER'S MARKET IS WHEN THERE ARE MORE HOMES ON THE MARKET THAN CAN BE READILY SOLD. THE IMBALANCE CREATED NY TOO MUCH INVENTORY HAS THE RESULT THAT PROPERTIES LANGUISH ON THE MARKET LONGER, THUS PRICES DECREASE. BUYERS HAVE THE ADVANTAGE POSSESSING GREATER LEVERAGE  AS SELLERS ARE LIKELY TO BE MORE DESPERATE TO ACCEPT A LOWER PRICE FOR THEIR HOME....

Brian Bevington

Brian Bevington

Sales Representative
CENTURY 21 Wenda Allen Ltd., Brokerage*
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