Help!!!! First time home buyer in Cali

[yourchoice]

Originally Posted by pnoon

...it is very common for there to be dozen(s) of offers on a home - many of which are well above the asking price. Yes. It is a buyers market but there are so many buyers, many are getting more than their asking price.

Well good for you guys! In these parts, I've seen (and received) offers 10, 20 even as much as 50K less than asking (on a 350K +/- home). Firsthand, I don't remember seeing anything above asking for a long while. I'm not a realtor, but in the real estate business (new home builder).

Good luck in finding the home you want...there should be plenty from which to choose.