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Minnesota Real Estate

Real estate in Minneapolis, Minnesota is an interesting topic...

Minnesota Real Estate 1.1 Description

Real estate in Minneapolis, Minnesota is an interesting topic... Real estate in Minneapolis, Minnesota is an interesting topic, especially when viewed from the outside in. If you are considering purchasing a home, or other real estate, in the Twin Cities area. Homes in the Twin Cities area could be likened to blue-chip stocks, for the most part. The economy of Minneapolis and St. Paul area is generally quite strong and stable, even by the standards of the upper Midwest.

Over Minnesota's 200 year history, real estate has had a steady incline in value just over 6%. The last 50 years, in particular, as record-keeping is far more meticulous, the state has maintained 6.15% increase in value.

So, when you are choosing your home in the Twin Cities area, it can help to know the specifics cities you prefer, and then studied them more meticulously than the entire seven county area. Traditionally, Twin Cities homes are the best appreciators. But there are also, at any given time, "trendy" areas that can fluctuate beyond the normal appreciation patterns. So that demographic is a mixture of owners and renters more so than Twin Cities areas dominated by single family homes. Observe distances to retail/shopping, bus lines or light-rail, walking, hiking, or writing paths, places of worship, and anything else that may be highly important to you in your life.


Minnesota Real Estate 1.1


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