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Buyers Market vs Sellers Market
Buyer’s Market vs Seller’s Market  
When you buy your new home in Houston, Texas you want to make sure you’re getting the best possible value for your money. You may have heard the terms "buyer's market" and "seller's market" and are now wondering what effect these conditions have on you as you move ahead with your transaction.
 
Buyers Market
A buyer's market is what you get when there's more supply(houses) than demand(buyers). There are more people looking to sell houses than there are people looking to buy houses. In a buyer's market, sellers may have to accept a lower price than they want to sell their home and may have to resort to staging and incentives. This is the ideal situation for buyers, because they can get a great deal.
 
Sellers Market
A seller's market is just the opposite. The demand(buyer’s) is larger than the supply(houses). People have more money to spend on real estate, so sellers will often see several buyers competing to buy their property, which drives up the price. This means that buyers will have to spend more to get what they want. This is the ideal situation for sellers, because they get a great ... more

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