Multiple bids on Anaheim real estate - $400,000 home gets 4 bids in three days

Anaheim real estateis just getting crazy again - run of the mill 4 bedroom home gets 4 offers in three days and then wants "last and best offers" to choose from. Is this really happening again? Sure is, for the very popular 350-450 thousand dollar range of homes for sale in Anaheim. What happened to the buyers market? Well, the supply has dried up so now all the buyers are fighting over the reachable priced homes in Anaheim. My buyers chose not to participate, but 3 of the 4 others did offer a scecond and last bid. Price went up by 30,000 dollars. This will only stop when we have more inventory to sell - soon to happen I believe.

Check for comparable neighborhood prices at www.foustonline.com, Home searches will help you to see what the market is saying. Also review neighborhoods to get a comparison of the areas.