The Seller's Market is defined by a rela estate market where the power in the negotiation of sales price and terms is tipped in favor of the seller. This typically happens when there are more buyers than there are sellers or at least a lower ratio. So Lawrence Yun , Chief economists said that right now nationwide for the January 2013 we had 4.2 months of inventory. That in his mind is a sellers market as that is the lowest inventory of homes since April 2005.
Is Franklin, TN headed for a Seller's Market?
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