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Hot, Normal, and Cold Markets

Hot Market

This is an extremely competitive market and is advantageous to the seller. Sometimes, homes will sell as soon as they are listed or even before homes are listed. Typically, during a hot market, multiple offers will be made on each home and more often than not, homes will sell for more than the asking price. It is even more crucial to be prepared and to be ready as a buyer when the market is hot. It can be easy to get caught up in the bid for a home, but if you are prepared (pre-approved, solid in price range, realistic about your needs), it is easier to remain focused on your housing needs and price range.

Normal Market

In a normal market, there is a fairly large number of homes available and an average number of buyers. This market does not necessarily favor the buyer or the seller. A seller may not have as many offers on their home, but he or she may not be desperate to sell either. Again, it is the buyer’s responsibility to be prepared. During a normal market, the chances to negotiate are higher than in a hot market. As a buyer, you can expect to make offers at lower than the asking price and negotiate a price at least somewhat less than what the sellers are asking.

Cold Market

In a cold market, houses may be listed for more than a year and the prices of houses listed may drop considerably. This market is advantageous to the buyer. As a buyer, you have the time to make an offer that works to your best interest. It is not uncommon to low-ball and to find that sellers are accommodating to meet your needs. Keep in mind that even though this market is a great time for buyers, you do not want to lose your dream home by being unrealistic. Your goal is to get your dream home at the best possible price.

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Contact Lydia

We built new homes in Holley by the Sea in Navarre FL, Woodlawn Heights, Gulf Breeze, Hammersmith, Habersham, North Harbor, Pace, FL, Cottonwood, Adrian Woods, Milton, FL Nobles Plantation, Pace, FL. and more! for over 25 years we built quality new homes and have won numerous Parade Of Homes Awards! Mr. Gooden was chosen Builder of the Year!

It has been an amazing time in my life. We are no longer Building New Homes, but now Selling Real Estate and Listing and Selling Homes!
I am very proud to work with Mr. Gooden at Gooden Homes. I have been representing Gooden for over 13 years and now I am Reselling Gooden Homes as well as many other Real Estate Properties and other Builders New Homes as well. I have the best of both worlds. I would love to help you with any of your REAL ESTATE needs.

Whether Buying or Selling? I would really appreciate the opportunity.

Currently, there are 4 bedroom, 3 bath homes, over 3000 sq ft of living area with 3 car garages, and Large Covered Patios and many extra upgrades, and most are selling for around $336,900.  Maybe you would like to Buy Your New Home Today? 

We can actively participate and help to locate your perfect place to call HOME.....

I even have 4 bedrooms, 2 1/2 baths, 2 car garages beginning in the $280's.

I can help you in selling your current home. Would you like a Market Analysis?  It would be my pleasure to help you get your facts and figures together.

Call or Text me today: 850-572-3836 or

Email: lydiajoymcdonald@gmail.com     







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