Multiple Offers Are Back?

[AJ Wong]

Howdy all just looking for some insight from other brokers, lenders and investors in the area and beyond..

I've posted regarding the state of the Oregon & southern California Coastal market, and as expected we've seen housing and market activity pick up notably in the past 3-4 weeks. 

Two recent multi unit closings, listings that were available for months pending and even a few properties with offers in that have multiple competing offers. 

Are you all seeing the same sort of market activity intensity? 

I suspect as the weather warms and rates stabilize or even drop we could see a mini 'market boom.'

Obviously great for 'business' but perhaps not as favorable environment for investing as there is increased competition? Thoughts? 

[Eliott Elias]

We are in Austin, I am not getting too optimistic. Realtors are too quick to say the market is strong again.