Unlocking Profits: How Today's Seller's Market Boosts Your Bottom Line
Why Today’s Seller’s Market Is Good for Your Bottom Line Wondering if it's the right moment to sell your house? Here's the scoop: While the number of homes for sale has been increasing this year, the truth is, there still aren't enough homes on the market to satisfy all the eager buyers. So, what does this mean for you? Let's break it down: It's still a seller's market, plain and simple. Here's the lowdown: Neutral Market : Imagine a perfect balance between supply and demand. That's a neutral market. In this scenario, there are just enough homes available to meet the current pace of buyer demand, and home prices tend to stay steady. Buyer's Market : This happens when there are more homes for sale than there are buyers. When this occurs, buyers hold more negotiation power because sellers are willing to make concessions to close the deal. In a buyer's market, sellers might need to lower prices to spark interest in their home