Marketing Conditions

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Stage 1:
When there are more buyers then sellers, house prices tend to rise because the demand is so high for properties.



Stage 2:

Where there is the same amount of buyers and sellers, the Market will then become balanced.


Stage 3:
When there are more sellers than buyers, more properties are on market than potential buyers, therefore driving down property prices.


Conclusion:
From all market indicators and local sales feedback on property prices has indicated a shift from a sellers market to a buyers market. All indications are that properties realistically valued will create sales as buyers have waited for the market conditions to settle. We are experiencing a marked increase in interest from potential buyers.