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You’ve Heard These Terms… Do You Really Understand What They Mean?

by Gary and Lisa Schoeffler March 9, 2010 Short Sales

What is a “seller’s market”, a “buyer’s market” or a “balanced market”? We have all heard these terms, maybe even used them, but how well do we really understand them? Here are some definitions that may be helpful:
A Buyer’s market is characterized by conditions such as high inventories, falling prices, concessions by sellers and incentives …

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