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Bidding Wars Still Dominate Low Inventory Markets

By Andrew King

While the pace of home buying picks up around the nation, certain areas are seeing more excitement than others. No two cities recover in exactly the same way. Some have a glut of inventory that will take many years to turn over, and other markets such as New York City, Denver and San Francisco have barely any inventory left at all, and each new listing seems to spark a vicious bidding war.

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