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Create a More Connected Minnesota

With the Fed looking to raise interest rates again this year, home buyers are getting twitchy. Anecdotal evidence of homes selling after days on the market, over asking price and with multiple buyers submitting back-up offers, economists are wondering what's at play. 

MPR News host Kerri Miller talks with senior economics editor Chris Farrell about the likelihood of another bubble.

Home buyers find their dream homes, but come up against multiple offers, over asking price and against other buyers who are willing to forego home inspections. MPR News host Kerri Miller takes the pulse of the housing market.

Chris Farrell, MPR's senior economics correspondent, joined the show to discuss important things to consider when buying a house-- wage growth and the job market.

Is there a new housing bubble on the horizon?

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