Blog by Bernard Laffer

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Market is improving


I know that I am kicking a dead horse but the market is definitely improving. I put a more expensive home on the market in Pleasanton. $1,050,000 .The house was on brokers tour on Friday. The tour was swamped ,at least 40 agents and 10 private individuals showed up .I have been going  into contract on at least on home a week . Every offer that I submitted was in a multiple situation. The market is definitelyreceivemultiple offers improving despite the fears of a flood of REO properties. Banks will not release homes  to flood the market. they will release them slowly.   Many of the REO properties are in poor condition the good ones receive multiple offers