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| Where the Best Markets Are for Homebuyers and Sellers |
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Home sellers have more bargaining chips in today's market—they profited an average 21 percent on sales in 2016—but in some areas, the tables have turned in favor of homebuyers. The strongest seller's markets, according to a new report by Zillow, are clustered in California, while the strongest buyer's markets dot the East Coast. "The overall recovery has been more robust in some markets, especially on the West Coast, with fast home value appreciation, strong job growth and solid income gains," says Dr. Svenja Gudell, Zillow's chief economist. "Many of these markets are also experiencing above-average housing demand coupled with limited inventory, putting sellers in the driver's seat. On the flip side, a number of markets nationwide ...
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Should you buy or rent? Most people ask themselves this question at one point or another, and there's no clear correct answer. Before you give up in frustration, take some time to ask yourself the following questions.
