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When it comes to selling or purchasing a home, there's no room for joking these days. I personally know what the current real estate market is like, and in many ways it's discouraging to say the least. Ever heard of the term, "buyer's market?" Well, that's what we're experiencing right now. So if you're in the market to purchase a home, all is in your favor. However, if you're trying to get your home sold, it's a completely different story.