by Calculated Risk on 4/03/2012 12:18:00 AM

Jim makes some interesting comments on multiple offers in the following video.

It probably seems strange to hear Jim talking about the "lower end" while showing a $655,000 house, but this is in an expensive area of coastal north county in San Diego.

Jim discusses some other recent listings that have had multiple offers - one with eight offers, another with 14 offers that for 10% over list price.