If at first you don’t succeed, dust yourself off and try again. Multiple offers are back.

During the past 6 weeks, the San Francisco real estate market has picked up. I don't know if we can attribute it to tax season, Spring time cheer, or IPO fever but the home buyers are back. And as always in SF, there is little to sell them. We just don't have a lot of housing stock in this town so there are rarely very many listings on the market, regardless of "market conditions." With competition comes multiple offers. With multiple offers comes a winning bid and well, the rest of the them. … [Read more...]