Bidding Wars Show Signs of Cooling as Mortgage Rates Bite

Bloomberg, May 18, 2022–Paulina Cachero
Fewer homes are receiving multiple offers as higher borrowing costs limit buyers, according to Redfin.
https://www.bloomberg.com/news/articles/2022-05-18/higher-mortgage-rates-are-slowing-down-bidding-wars-in-hot-housing-market