A Seller’s Market: What Does It Mean for Appraisers?
Appraisal Buzz
MAY 20, 2024
A seller’s market indicates demand is high and inventory is low, while a buyer’s market means inventory is high and demand is low. Interest rates impact the housing market significantly — demand can rise or fall any time they go up or down. Keeping up with rapidly increasing values is challenging for most appraisers.
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