Andorra Expat

Bidding Wars Emerge For High End California Property

Luxury property prices across the world continue their march upward in value. Here California is experiencing bidding wars at the luzury end of the real estate market.

“The percentage of people who think prices are only going to go up is the greatest I have ever seen in my career,”

Syd Leibovitch, president of  Rodeo Realty Inc (Beverly Hills)

http://www.bloomberg.com/news/2012-05-17/luxury-homes-spur-bidding-wars-in-l-a-as-market-rebounds.html

 

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