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Hamilton Ontario Real Estate

Understanding the Hamilton Ontario Real Estate Market

In a Buyer's Market, the supply of homes on the market exceeds demand. High inventory of homes and few buyers means that homes are on the market longer, and prices tend to drop giving buyers more time to look for a home and more negotiating leverage.

In a Seller's Market, the number of buyers wanting homes exceeds the supply of homes on the market. The smaller inventory of homes combined with many buyers leads to homes selling quickly and rising prices. Under these circumstances, a buyer may have to pay more, and make decisions quickly. Conditional offers may be rejected.

Contact Baya for more information on today's market conditions.




Call Baya today at (905) 648-4451, or email her at baya@bayahomes.com. N'hésitez pas á la contacter par email si vous avez des questions sur l'immobilier.


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7/30/2010


 
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