Property Valuation
In the Texas real estate market, a seller's market is characterized by:
AHigh inventory, long days on market, and reduced prices
BLow inventory, short days on market, and upward price pressure✓ Correct
CEqual numbers of buyers and sellers with stable prices
DHigh interest rates reducing buyer purchasing power
Explanation
A seller's market has more buyers than available properties (low inventory), resulting in quick sales, multiple offers, and prices at or above asking price — benefiting sellers.
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