By Nadja Brandt / Bloomberg News May 17, 2012 10:35 AM EDT
A week after Christine Lynch listed her house in the Brentwood neighborhood of Los Angeles for $3.625 million, she had seven offers. Within 10 days, a deal was reached for the five-bedroom, six-bathroom home — and for $225,000 more than she asked. “My first reaction was, ‘Wow, I guess we’re really doing this,’” Lynch, 55, said in an ...