Comments on: Discerning A Housing Bubble: Bakersfield, CA

By: david

david — Tue, 05 Dec 2006 22:10:49 +0000

what is the best most stable place in Bakersfield to purchase a home……or if anyone has any suggestions of where to purchase horse property w/views especially property on the water in the area??? would love some feed back.

Best,

David

By: Chuck

Chuck — Wed, 09 Nov 2005 17:30:57 +0000

Thanks for your comment, I appreciate it.

Yes, it’s possible that a bidding war may break out on a particular house.

These usually do not occur wholesale… at least whe I was selling the house anyway!

I hope you have better fortunes in this regard!

By: mark askey

mark askey — Wed, 26 Oct 2005 21:08:18 +0000

I would challenge the statement that the selling price never goes above the asking price.

There are many instance where people will offer more than the asking price, especially if they think there are multiple offers on the home.

All the graph shows is that people are being more conservative in their listing prices.