what does a sellers market mean: What Does a “Sellers Market” Mean For Me?
- 09/29/13 11:13 PM
With the reduction in available home inventory, some markets are experiencing what is typically referred to as a “Sellers Market.” This type of market can occur with almost any commodity and is characterized by a shortage of supply resulting in the ability for sellers to raise prices and/or have more control over the conditions of a sale. In certain areas around Atlanta, we are actually experiencing something close to this type of market. Inventory is at a historically very low level and as a result, buyers are scrambling to find available properties. This frenzy of activity, especially on properties in good condition and … (0 comments)
With the reduction in available home inventory, some markets are experiencing what is typically referred to as a “Sellers Market.” This type of market can occur with almost any commodity and is characterized by a shortage of supply resulting in the ability for sellers to raise prices and/or have more control over the conditions of a sale.
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