What criteria must be met for an area to be considered a market center?

Anthony
Other/Just Looking
Ohio

Answers (2)
First to answer: Himani
Marzena Melby
Agent
55423

If I understand correctly the perspective from which you are asking this question, market center is right between the buyers' market (more inventory for fewer buyers) and the sellers' market (less inventory for more buyers). National Association of Realtors and it's local branches measure market activity on a regular basis. Every month they publish how many active listings there are in each market for an active buyer. Typically, buyers' market occurs when there are 7, or more homes available per buyer, sellers' market is when there are 5, or fewer, available homes per buyer. So market center would right between the two.
I hope that helps.

Fri Feb 27 2009, 10:17
Himani
Other/Just Looking

FIRST ANSWER

even i want to know this... please answer someone...

Fri Feb 27 2009, 09:48

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