Bidding Wars In Riverside

RIVERSIDE BIDDING WARS – I’m not a fan of having the garage doors facing the street…And in the 5’s, I would rather be on Indian Head Road – but then again, I am not the buyer 🙂

List 5,175,000 – Closed today for 5,450,000 – 8 days on market. Listed By Centric 

59 WINTHROP DRIVE – RIVERSIDE

14 BRADBURY PLACE – RIVERSIDE

Listed for 3M and Closed today for 3,050,000 after 58 days. Listed by Coldwell Banker

When it comes to sell, will there be regrets? People who bought in 2005 and tried to sell in 2015 certainly had regrets. There were bidding wars, and FOMO (fear of missing out) Today’s forces are not the same as what drove the market in 2005 – easy money then versus a shortage in supply + increase in demand + inflation in 2021….but where there is more than one buyer, there is always FOMO.

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