Heightened market conditions fuel more multiple offers and higher selling price

LOS ANGELES, CA – October 31, 2013 – (RealEstateRama) — More properties were sold above their asking price this year, as tight supply conditions continued to heat up market competition in the first half of 2013, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2013 Annual Housing Market Survey.”