Home Bidding Wars Are Back in San Francisco

摘要

Hyuck Jae Lee and his wife, Seung Hye, vied with a dozen other suitors last month to buy a three-bedroom, 1,400-square-foot house in San Francisco's Inner Richmond neighborhood, a half block from Golden Gate Park. After having been outbid on a nearby home, the couple triumphed with an $875,000 offer, 14 percent above the asking price. "We feel like we're stepping into our San Francisco life," says Lee, a 38-year-old Silicon Valley engineer.