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. When the market enters a phase more favorable to sellers, appraisers may find themselves caught in a crossfire between what buyers think is fair and what the homeowner expects.
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