The pandemic disrupted the economy in historic ways, and vastly reshaped the housing market. Huge increases in demand (work from home, exodus from cities to suburbs, low rates), coupled with record low supply, gave way to sharp increases in home prices. Starting in 2022, the Fed began to cool inflation with a series of rate increases, causing mortgage rates to double in over a year. In 2024, how will these market forces impact your housing values in the Twin Cities? And what will be the best strategy for buying and selling a home? Check out our 2024 Twin Cities Housing Market Forecast and Predictions.