Are bidding wars back - already?! Well, folks, this just may very well be true. With the recession of 2020 settling in and homeowners reluctant to list in fear of losing out on profits they once dreamed of, the California housing market has entered an even deeper slump than before . The housing shortage means less properties for buyers to choose from. Couple that with mortgage rates at historical lows, and there’s tons of buyers waiting to squeeze through the doors. Let the bidding begin and that means war!
