What does Sellers Market Mean?
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Simply put, this means that there is a high demand for housing, and a low supply of houses. A Buyers Market would be where there are a ton of houses available, but not enough buyers. Right now, the housing market is a Sellers Market because in most large cities, there just aren’t enough homes for everyone who wants to buy them. This causes prices for homes to climb higher and higher. To learn more about the ever-changing state of the market, check out today’s Mortgage Mystery for more information!
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Scott Groves, a 20 year veteran of the mortgage industry, and active Loan Officer who has funded over $1Billion of mortgages in his career... answers all your mortgage questions on this channel.
Whether you're a first time home-buyer, looking to refinance, or looking to sell your home & get a mortgage for your dream home, this channel can help clear up some questions. Didn't find what you are looking for on this channel? Just email Scott Groves with ANY mortgage question for a home loan ANYWHERE in the country. We will respond to your inquiry within 24 hours & will make a video for this channel answering your question. Scott@ScottGrovesTeam.com
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Scott Groves - Loan Officer with Movement Mortgage as of the time of publication of this video. NMLS #365178 - lo.movement.com/scott-groves/home
CA-DOC365178, NV , FL-LO86563, TX | Movement Mortgage, LLC supports Equal Housing Opportunity. NMLS ID# 39179 (For licensing information, go to: nmlsconsumeraccess.org) | 877-314-1499. Movement Mortgage, LLC is licensed by CA Department of Business Oversight under the California Residential Mortgage Lending Act # 4131054, FL # MLD1360, TX,NV # 3401. Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in. Borrowers must qualify at closing for all benefits. "Movement Mortgage" is a registered trademark of the Movement Mortgage, LLC, a Delaware limited liability company. 8024 Calvin Hall Rd, Indian Land, SC 29707.
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