california real estate: 2012 in California - 11/09/12 01:24 AM
 2012 in California
 
In case you didn't see a release from the California Association of Realtors on November 1, the numbers they released confirms that which we are seeing now every day.
 
"Well qualified buyers are recognizing the once-in-a-generation opportunity to purchase a home in California and are jumping into the market," said C.A.R. President LeFrancis Arnold. "However, the fierce market conditions have forced many buyers to compete with all-cash offers and investors, setting off multiple offers and bidding wars, making it even more difficult for first-time buyers to become homeowners."
·Nearly six in 10 homes are receiving multiple … (11 comments)

 
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