25 Offers on One House… The Bay Area Market Is Going Crazy Again
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25 Offers on One House… The Bay Area Market Is Going Crazy Again
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In this episode, we break down what’s happening right now across Santa Clara County, including homes receiving 25+ offers and selling hundreds of thousands over list price. Some properties in Los Altos and Mountain View are even selling $1,000,000 over asking.
We discuss:
• The latest housing inventory numbers in Santa Clara County
• Why homes in Sunnyvale, Cupertino, and Mountain View are attracting massive bidding wars
• How the market activity is trickling down into San Jose neighborhoods
• Real examples of listings receiving 10–25 offers
• Strategies agents use when negotiating offers
• Why you should never discourage an offer as a listing agent
We also dive into major industry changes including the Compass + Redfin partnership, what it means for buyers and sellers, and whether private exclusive listings actually benefit consumers.
Plus we discuss a new anti-money laundering law affecting all-cash real estate purchases and how it could impact investors buying property through LLCs or trusts.
If you're buying, selling, investing, or just curious about the Silicon Valley housing market, this episode covers everything you need to know.
Hosted on Acast. See acast.com/privacy for more information.