Tag Archive | "Statistic"

Something else Minnesotians can brag about.

It appears that CNNMoney compiled a list of the Top 25 places to live. And Five suburbs of the Twin Cities have made the list. Now I don´t always agree with these lists (in fact – rarely) that continually come out, but that being said, it does say something that FIVE Minnesota cities made the national list of 25.

Eden Praire ranked third overall, beat out by only Mckinney TX and Carmel, IN for 2nd and 1st respectively. Some of the criteria used in the rankings included things like crime rates, health care quality, public education, and of course employment opportunities.

Also in the top 25 were Maple Grove coming in at #22, Lakeville at 19, Eagon at 14 and Woodbury (of course) with a ranking of 11.

A surprising statistic, to me anyway, was the #24 ranking Eden Praire had in the catagory of “top earning towns”. According to the survey, they have an $116,00 average family income and an average house price of $264,500. That’s a tad bit better than my neighborhood.

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Minneapolis sellers still lower prices

According to the article I am linking to below, houses in several parts of the Midwest as well as the South have experienced the largest reductions in price, at least percentage-wise.

Minneapolis is one of the cities named. This kind of surprises me. But the data comes from Trulia which I have always thought to be somewhat reliable, so it may actually be true.

Another interesting statistic which they site is that the price reductions are hitting the $2 million and above homes the hardest. They say that nationwide this catagory of home accounts for less than 2% of homes – yet is responsable for about 25% of the amount reduced from total homes for sale.

Here’s the link which included the list of 10 cities (Minneapolis being one of them) where sellers are still cutting prices.

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