Homebuyers are back—and they’re bidding high in America’s most expensive markets. In today’s episode, we break down new data showing that more than half of homes sold in San Francisco and San Jose went for above their original asking price. The Bay Area and New York metros are leading a surprising resurgence, even as much of the country shifts into a buyer’s market. We’ll explore what’s driving this localized heat, how inventory trends are shifting, and why some cities like San Diego and Austin are seeing the opposite.

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