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Christina Simmons

Christina Simmons
Realty Associates
The Woodlands, TX 77380

713-269-9235
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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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Christina Simmons
Realty Associates

26119 I-45 #210
The Woodlands, TX 77380
Phone: 713-269-9235
Fax: 866-423-3747
Email: christina@christinasellshouston.com

Testimonials

Christina Simmons is a phenomenal realtor and very knowledgeable in Real Estate. Christina provided the utmost Real Estate service when I was purchasing a home. Christina has the best interest for her clients. She provided me with information on local schools and daycare which was a great help  when deciding on a location to purchase a home. Christina has always been available to answer any questions or concerns before and after purchasing a home. Christina Simmons has top quality customer service and I am thankful to have had her as my realtor. I will highly recommend Christina for any Real Estate services. shaffer jackie1
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