Saturday, March 10, 2012

Percentage of Listings Accepting Offers Increasing

Information derived from the latest San Francisco statistics derived from the multiple listing database Percentage of Listings Accepting Offers is increasing dramatically. This is a strong indication of Supply and Demand and results in multiple offers on desirable properties, this is the strongest we have seen the market in at least 5 years. With banks becoming more flexible on loan pre approval for buyers in the upcoming year and more buyers competing for available homes, it appears the market will be getting more competitive.
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