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the market
BUYERS MARKET
Owners
mustmeet
Lots of homes Fewer buyers at Regular price Selling times Less power with market
on the market home opens reductions are longer than the owner
normal
SELLERS MARKET
Price is an
issue– not
Few homes Busy home Prices are firm – Selling times Less power with time
on the market opens may increase are shorter the purchaser
than normal
BALANCED MARKET
Similar numbers of homes Stable prices Steady sales
and buyers
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