Long term readers will remember me mentioning my friend "Jim the Realtor" in San Diego during the housing bubble and bust.
Jim wrote a post today about the number of offers for listings in San Diego:
Number of Offers 
[H]ere’s a review of properties that have gone pending this week ... They had EIGHTEEN OFFERS on this one, because it checks most of the boxes. Well-priced single-level with nice private yard that’s been tastefully renovated. The 17 other buyers will be battling it out for months on these!
CR Note: I'd call this a hot seller's market.
