

San Francisco Bay Area Homes’ Underpriced Homes Spur Bidding Wars
As recently reported in the New York Times, Californian Kim Rohrer and her family were seeking to move from their two-bedroom Berkeley rental duplex when they found a bigger home for sale. The three-bedroom, two-bathroom chalet-style house was listed at $799,000, which was fairly reasonably-priced for the Berkeley area. Despite the house needing significant work, including plumbing work, the couple was not fazed by that. “It was like a dream house,” said Ms. Rohrer, who works