
February Statistical Data - Multiple offers "the norm" for home buyers, but may ease with uptick in
Multiple offer situations are the norm for today's home buyers, but some brokers suggest February's improving inventory and a slowing pace of price increases may ease some of the competitive pressures. Commenting on the latest statistical report from Northwest MLS, representatives of the service expressed optimism for the housing market as pandemic-related restrictions ease, but also uncertainty due to the global economic crisis around Russia's invasion of Ukraine. "In Februa