It’s one of the hottest spring selling seasons ever. Home sales surged in March despite a big drop in inventory, and could even be the fastest housing market on record. Home buyers can’t be wall flowers this spring. At least not in hot sellers markets like the San Francisco Bay Area, where bidding wars are common.
Competition has been fierce in San Jose, San Francisco, and Oakland. Between about 66% and 70% of all homes sold “above” their listing prices. And the Bay Area isn’t even the hottest market today.
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