Oakland Ca Real Estate's Blog: Oakland Luxury Homes

Some people might think that with all the problems with financing and all the doom and gloom media coverage that you can get a steal on real estate right now because sellers are desperate. However in nice areas, we are still seeing multiple offers commonly. I just recieved a mutiple counter offer on a home that I wrote an offer on for a client. The home is listed at $950k, and we offered $975k  because they already had received on offer but they hadn't presented it yet to the seller. So even at 25k oever asking price, we still have competition. In the market of a few years back, we might have been in competition with five other people instead of just one, so I guess I shouldn't complian!

Granted the home is in an excellent area and in great shape, but it…