Gallery: Bloomington house has 133 showing requests in less than a day bringmethenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bringmethenews.com Daily Mail and Mail on Sunday newspapers.
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Rachel Scarrella had no doubt the new windows and furnace and first-time buyer-friendly price would make the 1970s home she recently put up for sale in Oakdale a hot commodity. She never guessed it would fetch 170 showings and 56 offers. It was a madhouse, said the North Oaks-based real estate agent.
No surprise, she said, that most of the buyers were willing to pay tens of thousands of dollars more than the $225,000 list price. What was unusual: At least half of those nearly 60 bidders were so desperate to be the winning offer that they sweetened their pitch by waiving their right to have the house professionally inspected for defects before closing.
Ultra-hot Twin Cities housing market sends buyers on wild ride article
Many homes in the Twin Cities market are selling quickly as prospective buyers compete amid low housing inventory.
(FOX 9)
(FOX 9) - Industry experts say low interest rates and low housing inventory is creating a Twin Cities housing market where a lot of eager buyers are competing with one another for few properties.
Michelle Thorup and Anders Jorgenson are newly engaged and are looking to buy their first home.
Ultra-hot Twin Cities housing market sends buyers on wild ride
Industry experts say low interest rates and low housing inventory is creating a Twin Cities housing market where a lot of eager buyers are competing with one another for few properties.
Best Advantage Mortgage | Lavender Magazine lavendermagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lavendermagazine.com Daily Mail and Mail on Sunday newspapers.