Housing Market Slowdown 2021

Here’s what you need to know about the slowing housing market.

MN housing market

As fast as the housing market went roaring out of control in Minnesota in the spring of 2019, it took an overdue breath in August 2021. WHY?  Here are a few reasons everyone in the real estate industry seems to agree on:

  • Buyer fatigue
  • Rising prices
  • Seasonal slowdown

There are certainly more details contributing to the flow of the market. What thoughts have you had about why the market is shifting a bit?

 

 

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