" A Good Real Estate Agent Knows You're Not Just Buying A House,
You're Moving Into A Community "

Frequentaly Ansked Questions

      What’s the difference between a “Buyer’s Market” and a “Seller’s 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

Site Index: [ Home Page ] [ Glenys' Profile ] [ Contact Glenys ] [ View Glenys' Properties ] [ Relocating to Halifax ] [ Relocating To Halifax ] [ Buyers and Sellers ] [ Search Homes in Halifax ] [ Privacy Policy ] [ Send Glenys E-mail ]

© 2009 - 2010 Glenys Welsman. All Rights Reserved
Royal LePage Atlantic is Independently Owned and Operated, Broker