Tag: Real Estate Bidding Wars

February 7, 2013

Bidding Wars, Love Letters, and Low Inventory

February 7, 2013

According 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

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