Bidding Wars, Love Letters, and Low Inventory
February 7, 2013According to the latest release from the NWMLS, there was a 14.4% year-over-year increase in pending sales last month, and a 23.6% jump in closed sales. All the while the inventory dilemma has gotten even worse, if you can believe it, dropping to just 1.4 months. This is an insanely low number by any measure. At