Multiple Offers Increasing in So California - The Tide has Officially Turned..........
We are seeing mutliple offers all over the place here in Southern California. And not only in certain price ranges, but across the board.
Our listing in Stevenson Ranch has 10 offers on it after only a week and a half!
Our North Hollywood condo listing that has been on the market for quite a while just recently ended up with multiple offers.
Not only that, but on the buying side we are ending up in multiple offers with the offers we're writing for our buyers.
Our Encino, CA buyers - 4 offers on the property
Our Stevenson Ranch buyers - 3 offers on the property
Our Calabasas buyers - 3 offers on the property
There was even one agent in our office that reported a Tarzana / Woodland Hills home that has 44 offers on it!
We've seen it before. This is the beginning of the tide beginning to turn from a buyer's "shooting fish out of a barrel" market more towards a seller's market.
Get your buyers in now while the price points are still low. Based on my experience, I don't think they're going to stay that way for very long.
