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Rising Prices, Bidding Wars and Recovery: A Last Look at a Busy Year in Bay Area Real Estate

A view of Cactus Rock in Oakland's Rockridge neighborhood.

Homebuyers outnumbered sellers in 2012.

The new year dawns with bright prospects for an active and successful year in Bay Area real estate.

But 2013 comes after an awkward year of recovery. Buyers, champing at the bit after a half-decade of retrenchment and recession, were forced to compete with each other for a limited supply of homes as sellers held out for higher prices after years of declines. Bidding wars became commonplace.

For a look back at the busy year that just ended, Click Here.

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