When we bought it was the peak time for oversea investors coming in with all cash. When I was at the open house there were a few Chinese people that were alone

When we bought it was the peak time for oversea investors coming in with all cash. When I was at the open house there were a few Chinese people that were alone that you could tell were buying houses for people in China. We looked for 18 months before that and were outbid 12 other times. So we overbid on this one. If I remember there were 18 other offers on the house with at least 20% down. The market has cooled down in the Bay area a bit where you aren't seeing 30-40 bids on a house but they still move fast if priced right.