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Real Estate Frenzy | Twin Cities Business

Real Estate Frenzy | Twin Cities Business
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See the 70s home in Bloomington that got 32 offers in perfect storm

See the 70s home in Bloomington that got 32 offers in perfect storm A 1970s split-entry contemporary in west Bloomington sparked a buyer frenzy.  April 2, 2021 1:39pm Text size Copy shortlink: Multiple offers are not uncommon in today s red-hot real estate market, especially for moderately priced homes. But 32 offers all above asking price? It s very abnormal, said Realtor Joey Oslund, who was flabbergasted by the tsunami of interest in the 1977 split-entry house he recently listed in west Bloomington for $400,000. Requests for showings began snowballing even before the house officially hit the market, with 142 prospective buyers touring it during the first five days. There would have been more had Oslund allowed overlapping showings.

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