Bidding Wars - UNreal Estate

Even a 103 year old farm house sells with Multiple Offers!

John King — Tue, 07 Mar 2023 08:00:39 +0000

The market continues to stay UNbelievably hot and no end in sight! Even a 103 year old farm house I listed sold for over asking price with multiple offers! The neighborhood lore goes that the home was moved onto the site from the old Flood Estate in Atherton to make […]

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Offer UN-leashed! The 39-hour closing!

John King — Fri, 08 Jul 2022 21:30:58 +0000

It certainly was an offer UN-leashed! This was the fastest closing in my 30 years of residential real estate. The home I listed in Mountain View in the Gemello Park neighborhood, came on at a price of $1,295,000 on a Friday morning. I held it open over the weekend on […]

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Home Sales Remain UNfettered

John King — Tue, 08 Mar 2022 22:25:24 +0000

As we march into the April market, the continued drought of new listings is causing continued bidding wars. Typically, April is when we see the highest number of new listings and that would certainly be a welcome break for the buyers in the market now. I advise my clients that […]

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Crazy Bidding Wars! Back to the UN-Future, Again?

John King — Sun, 23 Nov 2014 03:38:16 +0000

The Bay Area never ceases to amaze! The residential real estate market over the past 12 months has been UNreal! Never mind the Fiscal Cliff, never mind the Debt Ceiling, the numbers speak for themselves in 2012. Median home prices in San Mateo and Santa Clara counties increased approximately 15% to 16% in […]

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