In a seller’s market, homes are appreciating. That means the market is moving in an upward direction, and homes are selling quickly.
In this type of market, home prices are likely to be slightly higher for a property you’ve purchased, remodeled, and then marketed. This is a good thing. The wind is in your sails!
The main benefit of a seller’s market is that homes sell fast and for near or even above their asking price. The downside is that it is harder to find undervalued properties.