A seller's market
is what happens when the supply of houses is low and the demand is high.
Lane County, like other places in Oregon and the nation, has been in an extended seller's market
, where relatively few homes for sale are snapped up by eager buyers.
According to Cook, , who is now a strategic market consultant, oil prices began a long climb in 2005, and apart from a spike to $147/bbl in July 2008 and a collapse to $35/bbl in December 2008, the market price attained and then held seller's market
levels from 2009 onwards.
In the last year, the lodging investment landscape has made the swing to a seller's market
," said Al Calhoun, a managing director for Jones Lang LaSalle Hotels.
I'm only assuming it was a seller's market
back then and there was no land available,'' said Phil Cates, owner of stjosephstatue.
But, like everything else these days, water is a valuable commodity, and it is a seller's market
There is a clear shift from a seller's market
to a buyer's market," Williams says.
If you've been near the merger arena recently, you know it's a seller's market
But the domestic supply base by then was much depleted, capacity was short, and a seller's market
The region's top commercial realtors say it's a seller's market
right now, with scarce inventory and lots of buyers seeking to park their money somewhere outside the stock market.
A seller's market
is bolstered by a lack of supply of properties and characterised by intense competition.
The determination of which regions are prone to becoming a seller's market
is made by monitoring such indicators as the economy, labor statistics, recruiting activity, and executive demand by retained search firms, as well as staffing agency workloads.