Skip to Content

GEORGE ESLER

Sales Representative, Master Sales Award 2007-2008, 2010-2011, President's Gold Award 2012-2014, 2016-2018, Sales Achievement Award 2009, 2015

Tel: (519) 868-7775   Fax: (519) 631-9716   Email Me
Understanding Market Conditions
The real estate market is always changing.  It helps to understand how market conditions can affect your position as a buyer.  
 I can provide you with current real estate market conditions and explain their impact. 
MARKET CONDITIONS CHARACTERISTICS IMPLICATIONS

Buyer's Market:
The supply of homes on the market exceeds demand.

High inventory of homes.
Few buyers compared to availability.

More time to look for a home.  More negotiating leverage.
     
Seller's Market:
The number of buyers wanting homes exceeds the supply
Smaller inventory of homes.
Many buyers.
Homes sell quickly.
Prices usually increase.
Have to pay more.
Make decisions quickly.
Conditional offers may be rejected
     
Balanced Market:
The number of homes on the market is equal to the demand or number of buyers.

Demand equals supply.
Sellers accept reasonable offers. 
Homes sell within an acceptable time period.  Prices generally stable.

More relaxed atmosphere.
Reasonable number of homes to choose from.

 

Home Hunter

Home Hunter notifies you when your dream home hits the market!

Click Here

Map Search

Try our map tool to find properties in your target area.

Click Here

My Listings

Search my listings to find your dream home!

Click Here

Get In Contact

Connect with
me today to find your home of tomorrow!

Click Here