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BUYER’S MARKET

In this economy, we're being told that it's currently a "buyer's market" and not a "seller's market". What is a seller's market? A seller's market is when demand exceeds supply. There is great demand for homes but very few houses in the market that are available for sale. Vendors and landlords are very much in control of the market and negotiations by asking higher prices. Then, what is a buyer's...

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