Return of THE BIDDING WAR! http://business.time.com/2013/04/30/forget-lowballing-bidding-wars-return-in-hot-housing-markets/

Are buyers being manipulated into overbidding for the relatively few attractive homes on the market? Earlier this year, the National Association of Realtors (NAR) announced that the number of homes for sale in the U.S. had reached a low not seen since 1999.

http://business.time.com/2013/04/30/forget-lowballing-bidding-wars-return-in-hot-housing-markets/