Homes Fetch Million-Dollar Bids Over Asking in Crazed California

By

John GittelsohnMay 3, 2022, 7:29 AM PDT

The heated U.S. housing market is soaring to new extremes in California, where buying a home requires sharp elbows — and a lot of money. 

Take a two-floor, 2,500-square-foot (232-square-meter) house listed in Berkeley last month for $1.795 million. The property, built in 1935 but extensively renovated, received 28 offers.  READ MORE…