📹 #TheREeltake…
If you’re buying or selling a home, knowing the market type can make all the difference! Here’s a quick breakdown:
🔹 Buyer’s Market: There are more homes for sale than buyers, giving buyers the advantage. Think back to 2008, when prices dropped, and options were plentiful.
🔹 Seller’s Market: There are fewer homes for sale but plenty of buyers competing. A great example? 2020-2021, when homes sold fast and often above asking price.
💡 Knowing the market helps you make smarter moves and set realistic expectations!