2022 Year in Review and 2023 Outlook

2022 was a year of transition in the Twin Cities real estate market. The year started out with multiple offers and properties selling quickly and moved towards a more normal pace in the second half of the year as interest rates rose. Our outlook for 2023 is positive - the Twin Cities market remains stable and healthy, especially compared to other major metropolitan markets. Experts expect mortgage interest rates to decline and predict price stability in our area. Get more information and see some of the properties we listed this year in our annual year end review and market outlook.