Bidding Wars Hit Record as U.S. Housing Market Shows No Signs of Slowing

Bloomberg, Feb. 23, 2022–Allison McNeely
New families, remote workers and rising mortgage rates made January the most competitive month ever for house hunters.
https://www.bloomberg.com/news/articles/2022-02-23/how-much-should-you-bid-to-buy-a-home-10-over-asking-not-enough-in-nj?srnd=premium