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Shifting Market Leaning to Sellers

When you buy a home, you want to get the best deal possible. Realtors often throw around the terms “buyer’s market” or “seller’s market,” but what does that really mean?

In a buyer’s market, there are more people looking to sell houses than buy them, so sellers may have to accept a lower price than they want.

A seller’s market is just the opposite. The demand is larger than the supply, and often several buyers wind up competing to buy a house. That drives the prices higher.

Read more at the Stowe Reporter