The National Association of Realtors’ latest Pending Home Sales Index for September reports as home sales in California continue to drop, two-thirds of those home that are on the market are receiving multiple offers.
Home that sold over the asking price averaged an increase of 13 percent, up from 8 percent in 2016.
Pending home sales in the Bay Area declined by 10.8 percent, the 12th consecutive month of year-over-year decline
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