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How to Understand Trends In the Real Estate Market

A buyer's market, also known as a depressed market, occurs when properties are on the market for six months or longer, creating a higher inventory than the number of buyers. A seller's market is just the opposite. The economy is booming and people are purchasing major items, including real estate. A neutral market is neither high nor low, but is balanced. You would obviously prefer to purchase a house when it is either a buyer's market or, at the least, a neutral market.

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