It's not uncommon to hear about bidding wars for homes in today's housing market. But "leasing wars" for rental units are popping up in some cities as demand for multifamily housing remains high.
Matt Scott, broker associate at residential real estate services firm Baird & Warner's office in Naperville, Illinois, said in the eight years he's been in the business, he hasn't seen anything like the current environment.
Read more...Bidding wars for rental units? 2021's rental market is also on fire via Dallas Business Journal
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