Demand

It's Lonny Levine from Meadowbrook Financial Mortgage Bankers, and today, we're talking about seller's markets in real estate. These are markets where conditions are favorable for homeowners who are looking to sell their properties. But did you know that buyers can also benefit from a seller's market? Let's dive into what makes this type of market advantageous for sellers and buyers alike. One of the main factors contributing to a seller's market is a lack of inventory. When there are fewer homes available for purchase than there are buyers looking to buy them, this creates supply-side pressure. There could be…