| Homebuyers have had the advantage for years, especially in hard-hit real estate markets. But recent numbers indicate sellers might be starting to see a resurgence. Some experts have even dared to say that we may be on the verge of a seller's market.
Dictionary.com defines a seller's market as: "a market in which more people want to buy than want to sell." With active listing inventory (the number of properties on the market) at 12 month lows and absorption rates in some parts of Manhattan falling way below the 10 year average, many sellers are now gaining the upper hand..............................................Full Article: Source
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