Home shoppers in California will likely face less competition in their offers. January showed multiple offer bidding wars saw a significant drop from a year ago, according to a report from Redfin. Only 13 percent of offers written by agents on behalf of their customers faced war—down significantly from 53 percent a year ago.

As we noted last week, due to tight inventory and interest rates dropping again, we are still seeing a fair amount of multiple offer activity on the Westside for properties listed around the true market value. However, the amount of offers is more like two to three compared to the five or seven we were seeing last spring. 

3 comments

  1. Roger Perry says:

    Thank you for your post, This is excellent information.
    Beverly Hills Real Estate
    Bel Air Luxury Homes for Sale

  2. I am here to testify about how i use Cyber Hacking Company blank ATM card to make money and also have my own business today. Go get your blank ATM card today and be among the lucky ones. This PROGRAMMED blank ATM card is capable of hacking into any ATM machine, anywhere in the world. It has really changed my life for good and now i can say am rich and can never be poor again. You can withdraw the maximum of $2000 daily i can proudly say my business is doing fine and i have up to $50,000 Is not illegal, there is no risk of being caught, because it has been programmed in such a way that it is not traceable, it also has a technique that makes it impossible for the CCTV to detect you..For details and cost on how to get yours today, Just send an
    Email : georgewilder402@gmail.com

  3. Great blog. All posts have something to learn. Your work is very good and i appreciate you and hopping for some more informative posts. Properties for Rent Prestons

Leave a Reply

Your email address will not be published.

Scroll to top