Only time will tell if it levels off or continues to soften the market.My original post was not intended to be doom and gloom as if we are crashing but more so to discuss the recent trend of the increase in supply so that active buyers know they can be slightly less aggressive on their offers and sellers need to price their properties correctly as they have more competition.

Plus the same platform can put you in front of BUYERS before your competition even knows they exist as well as poach clients from THEIR open houses.

Even if you don't have a trademark infringement problem, you may well have an "unfair competition" problem.  

While midcoast area certainly isn't as competitive as Portland, there are still often bidding wars on single family homes. 

The other thing is that small multifamily is extremely competitive in Bakersfield right now.  

The price points are lower and the competition is not nearly as fierce.

It takes a lot more work, but is better than bidding against the competition on listed properties. 

If you are looking to do deals in that area I would suggest always measuring your deal and potential cash flow against those apartment complexes, they'll be your competition.

You need to determine if your priced too high or if the competition is offering something more or something nicer.

We are considering selling a home in California which now seems to be a very competitive market.