How will the
market affect my sale?
How much you sell your house for, and how quickly you sell,
depends on local market conditions:
-
Buyer's market – More homes on the market than
buyers. Lots of competition from other sellers. Prices
drop. Houses take longer to sell.
-
Seller's market – Lots of buyers. Not that many
houses for sale. Prices increase. Homes sell quickly
(just the market you want).
-
Balanced market – Sellers accept reasonable
offers. Homes sell within an acceptable time period.
Prices are generally stable.
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