Linda's Wisdom Wednesdays

What is a Stratified Market?

We have all heard of a "buyers market" and a "sellers market," but what exactly is a stratified market?
It can be defined as neither a buyers market or sellers market, rather it broken down even further. It is broken down by price range. For example, $1 million home can be classified as a sellers market while a $500,000 home can be classified as a buyers market. This happens quite often at North Shore Towers. So when you are in the market to buy or sell a home, make sure you ask your favorite broker, Linda Rappaport, what category your home (or potential home) falls in.