Multiple offers - the situation in Fullerton real estate today

By
Real Estate Agent with Foust Team Real Estate Sales, Master Certified Negotiation Expert DRE # 01400567

Not very many people would have predicted this situation in Fullerton real estate.  Inventory is so low that many many homes get multiple offers and many of them are over the list price.  This seems "wild" as we all thought that we were in a buyers market -- but this is what happens when demand out paces the supply.  Where are the Sellers - sitting this out until the economy becomes more predictable (that is my conclusion).  Let's hope 2013 starts to settle fears down a little.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Location:
California Orange County Fullerton
Groups:
Club Chaos
Realtors®
Square Pegs
Diary of a Realtor
"Whacked"!!!
Tags:
fullerton real eatate

Spam prevention
Submit
Show All Comments
Rainmaker
810,405
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

Same thing happening here near the coast, should have more inventory on line in the coming months.

Dec 30, 2012 07:07 AM #1
Rainmaker
768,836
Tanya Van Blake-Coleman
Van Blake-Coleman Realty, St. Thomas/www.talk-to-Tanya.com - St Thomas, VI
Improving the Quality of Your Life

Wow, Robert, I remember those days. For buyers who haven't experienced this in a while it is an awakening.

Dec 30, 2012 07:07 AM #2
Rainmaker
3,985,753
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I have been seeing and involved with multiple's for the last 7-8 months.  If you are not 10% or more abovelist...you are S O L

Dec 30, 2012 11:20 AM #3
Rainmaker
541,598
Sean Casey
Patterson-Schwartz Real Estate - Newark, DE
Greenville, Hockessin, Newark & Bear Homes

Congratulations!  I hope things are going well for you!

Feb 10, 2017 10:35 AM #4
Show All Comments
Back to Top

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
711,118

Robert Foust

North Orange County | Fullerton Real Estate | Brea
Grey hair is from experience - give me your tough questions
*
*
*
*
Submit

Additional Information