Housing in Seattle proper, and the greater Seattle region, is expensive. And with many more residents expected to settle here in the coming years, people are looking for ways to increase the housing supply. But adding more housing - especially within the City of Seattle itself - is proving to be a highly controversial issue.
The Seattle Times reported Saturday on what many homebuyers, sellers and real-estate professionals in the region have been experiencing over the past year or so: bidding wars in an "ultracompetitive local housing market." In fact, says the Times, "there are now more home-bidding wars than at any point this decade."