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Blog Archives: April 2013

Attention to All House-Hunters: Home Bidding Wars are Making a Comeback!

April 16, 2013
Phil Chen
In an article written in CNNMoney section, the real estate economy in the country, specifically in San Francisco and in Southern California, has reached a great amount of interest from house-hunters which has then resulted to an increase in home bidding wars. Many clients are ready to purchase their ideal homes and the competition is tighter now compared to the last 5 years. With limited inventories, prospective buyers offer to purchase houses for more than it's actual worth and they do get SOLD for more that their actual price--which is a ...

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