May Home Buyers Write Simultaneous Offers On Multiple Homes For Sale?
The short answer to the question is no, unless they intend to buy both! Two situations are prompting homebuyers to want to make simultaneous offers on multiple properties: 1) a hot market with multiple offers, and 2) a short sale where it may take a bank a long time to…
Multiple Offers on Silicon Valley Homes For Sale
As inventory is being rapidly absorbed at the lower end of the real estate market in Silicon Valley, it causes upward pressure in the middle market (under $1 million). Here are several examples of recent multiple offers in Cupertino, west San Jose, Sunnyvale and Campbell (compiled by Alain Pinel Realtors…
Home Buyers Taking More Time with Home-Buying Process
In contrast to peak years when they were at record lows, inventory levels over the past several months have been in the range of the long-run average. With many homes available on the market at more affordable prices in the past year, home buyers have been devoting more and more…
