Glenys M. Welsman
REALTOR® 1 - 902 - 225 - 4075

Royal LePage Atlantic 15 Dartmouth Road Suite 200 Bedford, NS B4A 3X6
902-835-2000

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" A Good Real Estate Agent Knows You're Not Just Buying A House, You're Moving Into A Community "
| Frequentaly Ansked Questions |
Whats the difference between a Buyers Market and a Sellers Market?
- Buyers Market
A buyers' market refers to a marketplace that favors home buyers because more homes are listed than can be absorbed by the market and sell in the near future. If, for example, 20 homes are listed in a neighbourhood, and 5 were sold in the last month, the neighbourhood
has a 4-month supply of homes for sale.
- Sellers Market
Of course, the market can and does change based on general economic conditions such as rising or falling interest rates, or the local business climate such as a new company opening nearby. If, for example, all 20 homes listed plus 5 new listings
sell within a few months, then the market has become a sellers' market, where buyer demand meets or exceeds the supply of houses for sale.
Return to Frequentaly Ansked Questions
Glenys has answers to your questions and more professional tips to make your real estate transaction more pleasurable.
Call or e-mail Glenys or click on "Ask Your Own Questions."
Glenys can send you information on any Property Listed For Sale on the Multiple Listing Service® in the Halifax area. If you would like her to help you locate a home, please fill out her Information Request Form.
Or perhaps you are considering selling your home in the near future, she can also offer you a Free No-Obligation Market Evaluation Form |
© 2009 - 2010 Glenys Welsman. All Rights Reserved
Royal LePage Atlantic is Independently Owned and Operated, Broker
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