Home buyers are losing out on homes despite offering $30,000 to $50,000 over asking price.
MINNEAPOLIS — The Twin Cities housing market is red hot right now with too many buyers and not enough homes for sale.
Joel Isenberger and his wife Jessica started looking at homes about two months ago, and they’re still looking.
“We’re first-time home buyers, trying to get to that part of the American dream and it’s not going so well,” Isenberger says.
“Eight offers when it was all said and done and on average those were right around $30,000 over asking price and we did not get a single one of them.”