"With the [Federal Reserve] beginning to increase rates we've seen a slight downturn, but in coastal hotbed areas like Northern New Jersey, it's still very much a seller's market
. Perhaps the future of real estate in these heavily urban areas close to major metro cities will be micro-units and communal living areas.
An inventory of less than six months generally is thought to contribute to a seller's market
, where homeAaAeAeA owners are rewarded by premium price and homebuyers face higher prices and a lack of choice.
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.
"There is a clear shift from a seller's market
to a buyer's market," Williams says.
He said: "I am very evidently and publicly opposed to the multiplication of types of schools for the very basic reason that if you get multiplication of types then you get a hierarchy of preferences, it becomes a seller's market
If you've been near the merger arena recently, you know it's a seller's market
. Two attorneys argue that companies need to be careful not to get drawn into bidding wars, and should pay close attention to purchase agreements to make sure that their flanks (and their checkbooks) are being covered.
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 company has identified "Delmarva," the Delaware/Maryland/Virginia region surrounding Washington, as the first area to flip from a "buyer's market," in which companies have their pick of top talent, to a "seller's market
" that puts job candidates in the driver's seat.
It's a seller's market
now and there are tremendous opportunities out there.
He said growing number of LNG producers in the world has strengthen the bargaining position of buyers, turning the seller's market
into buyer's market.