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In The Fox Cities It's A Buyer's Market... Unless You're A Seller
In the Fox Cities area it's a Buyer's Market, unless you're selling and then it's a Seller's Market. What if you're doing both you ask, well....perhaps it's a wash. There's no question that of late the Real Estate Market has been volatile in many ways, a virtual roller-coaster if you will. So how do we define our present market conditions.
Lets take a look at the terms we so commonly hear and break them down. First up is BUYER'S MARKET, this simply defined means that the market has more inventory (people selling their home) than buyers, the end result of which is lower prices or also known as a soft market. Second is the SELLER'S MARKET which again simply define means there are more buyers than sellers, the end result of which is higher prices. It all boils down to supply and demand either way you look at it. So what's the answer, is this a Buyer's Market or is it a Seller's Market? We're getting closer.
As I watch the national news and listen to the reports from across the country I would have to say we're in a Buyer's Market and with that being said, I'm not from across the country I'm from ... more
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