How to Find Out If Your Dream Neighborhood Is In a Buyer’s Market?
When you're searching for a home, knowing the state of the local market is essential. Whether it's a buyer's or seller's market can influence everything from price negotiations to how quickly homes sell. So, how can you tell if your dream neighborhood is favoring buyers? Here are some useful tips to help you gauge the market: 1. Check Housing Inventory High Inventory: A large number of homes for sale often indicates a buyer’s market. With more choices, sellers may be more open to negotiations. Low Inventory: Fewer available homes suggest a seller’s market, where demand is high and buyers face…