https://realtybiznews.com/bidding-wars-return-as-inventory-tightens-up/98727664/ With the latest on mortgages, refinancing, real estate & home tips Thu, 12 Mar 2015 18:16:55 +0000 hourly 1 http://wordpress.org/?v=4.1.1 https://realtybiznews.com/bidding-wars-return-as-inventory-tightens-up/98727664/#comment-277713 Thu, 12 Mar 2015 18:16:55 +0000 https://realtybiznews.com/?p=27664#comment-277713 It’s called ‘Irrational Exuberance’. We’ve seen this before back around 2004/2005. Buyers start to panic, feeling they are getting priced out of their own cities, then POP goes the bubble. The music stops, and not enough chairs to sit on, and plenty get caught with a big mortgage bill and underwater homes.

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