Vlog 004 – Types of Real Estate Markets

Many discussions on real estate usually mention a “seller’s”, “buyer’s” or “balanced” market. What do each of these types of markets mean? How much does the type of market you are in matters?

Real estate is an industry that is heavily governed by supply and demand. Whether we are in a seller’s, buyer’s or balanced market is determined by the supply of available homes for sale, and the demand for those homes at any given time.

Watch this video to learn more.