http://mariansbennett.com/blog/2008/03/02/arleta-park-market-update/ Half Moon Bay Area Real Estate Market, Lifestyles, Neighborhoods and More Sun, 14 Mar 2010 08:52:26 +0000 http://wordpress.org/?v=wordpress-mu-1.0 http://mariansbennett.com/blog/2008/03/02/arleta-park-market-update/#comment-991 Wed, 05 Mar 2008 00:00:43 +0000 http://mariansbennett.com/blog/2008/03/02/arleta-park-market-update/#comment-991 That is so true Marian, I find the stats to be interesting and a way to reality check my gut instincts as a realtor in my local market of Sonoma County. That said, over the last 15 months, nearly half my client's deals have involved multiple offers which we fortunately succeeded on. The latest purchase is a home in Sebastopol that we wrote and offer on the first day on market, and there is a ratified backup offer. So you really need a laser beam focus to find the right property at the right price. A property can be an equally good "bargain" at DOM of 1 (one day on market) as something that was overpriced, tired and languishing. Sometimes the perception of the deal and reality of the deal are not the same. That is so true Marian, I find the stats to be interesting and a way to reality check my gut instincts as a realtor in my local market of Sonoma County. That said, over the last 15 months, nearly half my client’s deals have involved multiple offers which we fortunately succeeded on. The latest purchase is a home in Sebastopol that we wrote and offer on the first day on market, and there is a ratified backup offer. So you really need a laser beam focus to find the right property at the right price. A property can be an equally good “bargain” at DOM of 1 (one day on market) as something that was overpriced, tired and languishing. Sometimes the perception of the deal and reality of the deal are not the same.

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