Buyers or Sellers Market??? 2016

[Etinchen]

With rates remaining low this year and the employment stabilizing. Do you think it will be a buyers or sellers market ???

 

[kayochan]

If they NIRP, then prices will go up.

 

[paperboyNC]

Short answer:
Under $1 million = Seller's Market
Over $1 million = Buyer's Market

 

[peppy]

I would bump that threshold up a little. $1.1m?

 

[lnc]

Short answer:
Under $1 million = Seller's Market
Over $1 million = Buyer's Market

I would bump that threshold up a little. $1.1m?

I agree the market is split and it's split at certain price point.  Maybe we can refine that answer a bit.

Under $1 million = Seller's Market
Between $1 million to $1.3 million = neutral
Over $1.3 million = Buyer's Market