Bill McBride recently told us he'd visited Temecula, CA and discovered a economy in full recovery mode.
We wanted to see what he was talking about, and now we have some evidence.
Jim Klinge, a realtor based down the road from Temecula in Carlsbad, sent us a video of a gaggle of bidders for a 1,500-square-foot home in San Marcos going for $399,999.
We screengrabbed the most dramatic, competitive moments of the process.
Watch as the bids keep rising.
Some hungry eyes here:
Watch this woman — you'll see why later. She's actually representing a client, who's at a kid's birthday party. She opens with a bid of $405,000
This couple — their agent is on the left — decides not to bid.
This couple goes $406,000
See the rest of the story at Business Insider
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