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Buyers and sellers each have an interest and curiosity about the current market conditions. Unfortunately it can be difficult for Realtors to satisfy that curiosity because the conditions that relate to a particular buyer or seller are very specific to the property being sought or sold. In this market how hot or cold the markets in Armdale or Southdale are is of little real interest to a seller with a home in Bedford or a buyer in search of a downtown condominium. My desire with respect to this this part of my website is to shine a light on parts of the market that are showing activity that is stronger or weaker than the average market. As a buyer or seller, when you describe your particular interest in specific terms I can provide a answer that will be of more value as you engage the market.
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There are three market sectors that are of general interest... $250-275,000 has strong demand relative to available inventory and the over $500,000 segment appears very weak relative to available inventory. The Under $200,000 segment is also very strong and in most circumstances would reflect homeowners 'trading-up' and generating activity in other market segments.... however there _may_ be a higher number of foreclosures than in other years (I'll confirm the extent of this influence by May 15.)
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