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The 3 Different Types of Real Estate Markets
Matt explains how it can be a lot like of Tug of War
Balanced Market
A balanced market is when real estate supply equals demand.
Buyer's Market
A buyer's market is when supply exceeds demand, this is typically when there is six months worth of real estate inventory.
Seller's Market
A seller's market is when demand exceeds supply, this is typically when there is less than four months of real estate supply.
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