Homebuying has gotten harder; local real estate brokers explain why
High demand and short supply, together with high lumber prices and low interest rates, are making for a housing market that led one Park Rapids real estate broker to say, Fundamentals have gone by the wayside. 10:38 am, May 15, 2021 ×
According to local real estate brokers, homes for sale in the Park Rapids area are moving fast, often receiving multiple offers over the asking price. (Adobe stock)
Local real estate brokers responded recently to a report about a local homebuyer being outbid in multiple offers by people moving into the Park Rapids area.