The professional staff at Red Blue Realty knows that more homeowners in Los Angeles are receiving multiple offers as demand for properties is high. Multiple offers are a sure sign that home supply is limited, and can help raise home prices and even cause bidding wars, but knowing how to handle multiple offers is key for achieving the highest prices and best terms in a sale.
C.A.R. Reports Q4 2012 Housing Affordability Off Pace
February 26, 2013 by
The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported yesterday on the state’s housing situation. According to C.A.R. home prices were on the increase in Q4 of 2012, while low interest rates provided an offset where affordability is concerned. Overall affordability was down according to C.A.R.’s Traditional Housing Affordability Index (HAI).
