{"id":32,"date":"2014-02-11T20:29:06","date_gmt":"2014-02-11T20:29:06","guid":{"rendered":"http:\/\/nilay.ca\/blog\/?page_id=32"},"modified":"2018-01-23T17:05:42","modified_gmt":"2018-01-23T22:05:42","slug":"understanding-market-conditions","status":"publish","type":"page","link":"http:\/\/nilay.ca\/blog\/links\/understanding-market-conditions\/","title":{"rendered":"Market Conditions Ottawa"},"content":{"rendered":"<p>The real estate market conditions Ottawa is always changing. This chart helps to understand how market conditions can affect your position.<br \/>\n<a href=\"http:\/\/nilay.ca\/blog\/contact-nilay-ertemur-real-estate-agent\/\"><strong>I <\/strong><\/a>can provide you with current real estate market conditions and explain their impact. Feel free to <a href=\"https:\/\/www.facebook.com\/NilayErtemurRealEstate\/\">contact<\/a> please.<\/p>\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"5\">\n<tbody>\n<tr valign=\"top\">\n<td><strong>Market Conditions<\/strong><\/td>\n<td>\n<h4><strong>Characteristics<\/strong><\/h4>\n<\/td>\n<td><strong>Implications<\/strong><\/td>\n<\/tr>\n<tr valign=\"top\">\n<td><strong>Buyer&#8217;s Market:<\/strong> The supply of homes on the market exceeds demand.<\/td>\n<td>High inventory of homes: Few buyers compared to availability. Homes on the market longer. Prices tend to drop in this type of market<\/td>\n<td>Your home may take longer to sell. Less negotiating leverage in terms of selling price.<\/td>\n<\/tr>\n<tr valign=\"top\">\n<td><strong>Seller&#8217;s Market:<\/strong> The number of buyers wanting homes exceeds the supply or number of homes on the market.<\/td>\n<td>Smaller inventory of homes. Many buyers. Homes sell quickly. Prices usually increase.<\/td>\n<td>May have more negotiating leverage and obtain a higher selling price for your property.<\/td>\n<\/tr>\n<tr>\n<td><strong>Balanced Market:<\/strong> The number of homes on the market is equal to the demand or number of buyers.<\/td>\n<td>Demand equals supply. Homes sell within an acceptable time period. Prices generally stable.<\/td>\n<td>More relaxed atmosphere. Buyers have a reasonable number of homes to choose from.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>The real estate market conditions Ottawa is always changing. This chart helps to understand how market conditions can affect your position. I can provide you with current real estate market conditions and explain their impact. Feel free to contact please. Market Conditions Characteristics Implications Buyer&#8217;s Market: The supply of homes on the market exceeds demand. <\/p>\n","protected":false},"author":1,"featured_media":1756,"parent":19,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":[],"_links":{"self":[{"href":"http:\/\/nilay.ca\/blog\/wp-json\/wp\/v2\/pages\/32"}],"collection":[{"href":"http:\/\/nilay.ca\/blog\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/nilay.ca\/blog\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/nilay.ca\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/nilay.ca\/blog\/wp-json\/wp\/v2\/comments?post=32"}],"version-history":[{"count":10,"href":"http:\/\/nilay.ca\/blog\/wp-json\/wp\/v2\/pages\/32\/revisions"}],"predecessor-version":[{"id":1876,"href":"http:\/\/nilay.ca\/blog\/wp-json\/wp\/v2\/pages\/32\/revisions\/1876"}],"up":[{"embeddable":true,"href":"http:\/\/nilay.ca\/blog\/wp-json\/wp\/v2\/pages\/19"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/nilay.ca\/blog\/wp-json\/wp\/v2\/media\/1756"}],"wp:attachment":[{"href":"http:\/\/nilay.ca\/blog\/wp-json\/wp\/v2\/media?parent=32"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}