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Realities of Real Estate: Signs point to seller’s market

In the world of real estate, when supply exceeds demand and prices are falling, it’s known as a buyer’s market. That’s pretty much where we’ve been for a long time now. Ever since the housing bubble burst seven long years ago, buyers have been in the driver’s seat, and sellers went along for a rough ride. But all of the sudden, it looks like sellers have taken the wheel, and the housing market is cruising in a decidedly new direction.

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