Posted by Matt Curtis on Monday, April 18th, 2022 5:25pm.
Matt explains how it can be a lot like of Tug of War
A balanced market is when real estate supply equals demand.
A buyer's market is when supply exceeds demand, this is typically when there is six months worth of real estate inventory.
A seller's market is when demand exceeds supply, this is typically when there is less than four months of real estate supply.