(Minnetonka, MN) Mortgage rates have climbed back above seven-percent for the first time since November, impacting homebuyers locally, and throughout Minnesota who typically engage in active house hunting during spring. Aaron
Neighbors in the east Columbus community of Pinecrest are demanding answers as property values tripled in their neighborhood and property taxes nearly doubled.
The past year has seen the most demand for housing since before the 2008 crash, and both real estate market experts and potential home-buyers are trying to understand what’s driving it. The Onion looks at the factors driving the competitive housing market.