Don't be fooled to think it's a buyer's market. Multiple offers are happening!

Buyer's or Seller's Market? It really depends on the property and the neighborhood. Multiple offer scenario yesterday - 4 offers, 3 over asking, the winner was more than $25k over. Sure, it's not the norm but happens more than one may think. Stats on prices have been stable for over 12months now in the desirable SF Bay Area communities with outstanding public schools. With national housing news not so upbeat, it's understandable that players in the market may assume everything is selling under asking by default. Real estate is local, one must remember.