Last week there were "0" homes for sale in San Bruno...today there are 20! I am not kidding! From last Thursday to this Wednesday there has been a whole movement of for sale signs that have gone up! Yes, they all have offer dates and yes, they will all sell fast, that is the kind of market it is and these homeowners have heard!
It didn't take long for these homeowners to figure it out. We have word of mouth and plenty of news media talking about the real estate inventory being all dried up and home buyers making 20-30 offers on different homes and just getting beat out! I guess we are heading towards a nicer market where there is plenty of homes for people to choose from and home sellers able to sell and make a profit!
Its also nice to see that none of these new homes hitting the market are distressed sales (short sales or bank owned foreclosures). That is a good sign that people are not in trouble like they were a few years ago.
Find out what's happening in San Brunowith free, real-time updates from Patch.
Karin Cunningham, Prudential California Realty, 180 El Camino Real, San Bruno, Ca. 94066 Search for homes: www.KarinCunningham.com, Blog: www.facebook.com/sanbrunolife, Email: sanbrunokarin@gmail.com, Phone: 650-438-3504