> I've also heard of Californians moving here who make an offer for well above the asking price, just to make sure they get it, which contributes to the skyrocketing prices
Maybe that's all Californians know. It's normal out here. I put in an offer on a home that received 45 other written offers, 1/4 of them all-cash and above asking price. If you're financing, you need to go much higher than 25% above asking. It's insanity. Then we go move to different parts of the country and forget that you don't need that aggressive approach everywhere.
Maybe that's all Californians know. It's normal out here. I put in an offer on a home that received 45 other written offers, 1/4 of them all-cash and above asking price. If you're financing, you need to go much higher than 25% above asking. It's insanity. Then we go move to different parts of the country and forget that you don't need that aggressive approach everywhere.