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This real-estate agent listed 2 houses. He showed them 88 times, and got 12 offers. ‘I didn’t even have my sign in the ground’

Homebuyers are back to battling it out with homes receiving multiple offers, amid tight inventory

In Atlanta (pictured) and in other regions across the country, the lack of supply has been a major issue, and led to multiple offers for homes.

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In early April, Atlanta-based real-estate agent Zak Elfenbein listed two newly renovated homes, nestled in a quiet suburb in Douglasville, Ga.

He wasn’t sure what to expect. The homes were 25 miles west of Atlanta, and were being sold by home flippers. Mortgage rates were above 6%, and home prices were high. But there was a noticeable lack of homes for sale coming on the market.