I am like probably many people: I like to read about ridiculous and extreme things. These things keep me entertained, and helps me keep things in proper perspective. That is why I keep writing about these extreme items of over bidding.
Palo Alto has always been the bellwether for real estate industry in Silicon Valley. What happens in Palo Alto seems to trickle down to other areas. This always been - my senior colleagues tell me - and as far as I can see, will always be. Multiple offers is the norm in Palo Alto, period. Check out the graphs below and tell me if I you question my opinion.
Continued....
Steve Mun, Silicon Valley Realtor
www.stevemun.com
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