Property Valuation
A Wisconsin property is in a 'buyer's market.' This means:
ADemand exceeds supply; prices are rising
BSupply exceeds demand; buyers have more negotiating power✓ Correct
CThe market is perfectly balanced
DOnly licensed buyers can purchase property
Explanation
A buyer's market occurs when supply exceeds demand. Buyers have more choices and negotiating leverage, and prices may be declining or stable.
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