2024 Real Estate Shift -Show #2

 

 

 

Welcome to the Real Estate Shift Show where we update you more frequently on What's Happening In Minnesota Real Estate with quick real estate tips, updates, and more! 

 

In today's episode discusses the biggest shift in 2023 which was fewer transactions happening. The prices did not change much but the amount of sales happening from the peak of activity in 2021 where there were around 6.5 million units closed and the units closed in 2023 is not yet but likely around 4 million.  This has had a large effect on brokers, realtors, and buyers and sellers who are actively invested in the current real estate market.  

 

You can catch up on prior real estate updates and Real Estate Shift recordings by clicking here!