Minnesota Homes Today Local & National News

  • Home
  • About Us
  • Blog
  • Resources
    • Buyers Guide
    • Sellers Guide
    • Buyer Info
    • Seller Info
    • Closing Costs
    • Home Appraisal
    • Home Inspection
    • Loan Checklist
    • Loan Process
    • Loan Programs
  • Contact

Ranking The Best Places To Live In The U.S. (2011 Edition)

August 25, 2011 by Bob Elliot Leave a Comment

Top Places To Live 2011CNNMoney recently released its Best Places To Live 2011 list.

The annual survey is based on data from Onboard Informatics. Using Quality of Life factors such as education, crime and “town spirit”, and focusing on towns with between 8,500 and 50,000 residents, the CNNMoney survey ranks the country’s best “small towns”.

To be eligible, towns must be have a median household income greater than 85 percent, and less than 200 percent of the state median income; must not be a categorized as a “retirement community”; and must be racially-diverse.

From a list of 3,570 eligible towns nationwide, Louisville, Colorado was ranked #1.

The complete Top 10 Best Places to Live as cited by CNNMoney, and their respective average home listing prices :

  1. Louisville, Colorado ($383,569)
  2. Milton, Massachusetts ($577,008)
  3. Solon, Ohio ($291,162)
  4. Leesburg, Virginia ($486,018)
  5. Papillion, Nebraska ($218,520)
  6. Hanover, New Hampshire ($643,500)
  7. Liberty, Missouri ($177,678)
  8. Middleton, Wisconsin ($347,770)
  9. Mukilteo, Washington ($345,487)
  10. Chanhassen, Minnesota ($418,607)

Rankings like these can be helpful to home buyers nationwide, but it’s important to remember that the Best Place To Live survey is subjective. You may find none of the above towns to be to your liking.

You may also find the lowest-ranked city to be your favorite.

In other words, before making a decision to buy, connect with a real estate agent who has local market knowledge. That’s the best, most reliable way to make sure you get the housing data that matters to you.

Filed Under: Rankings Tagged With: Best Places, CNNMoney, Survey

New Home Supplies Remain Flat; Builders Not Over-Extending

August 24, 2011 by Bob Elliot Leave a Comment

New Home Supply 2008-2011

Sales of newly-built homes slipped in July, falling 1 percent as compared to June. Home buyers closed on a seasonally-adjusted, annualized 298,000 units, the lowest reading since February.

The supply of new homes, however, remained flat.

July’s 6.6 months of supply equaled June’s tally and remains near the multi-year low of 6.5 months set in May of this year. The figures suggest a new home market that’s finding its balance.

Builders are building to meet demand, and not much more.

The New Home Sales report may have read differently if not for the Northeast Region which doubled its sales units in July. The gains buoyed the broader data, re-affirming the importance of looking past national data and focusing on what’s local; the national market is not reflective of any given town

Broken down by region, July New Home Sales fared as follows:

  • Northeast Region : +100.0% from June 2011 
  • Midwest Region : +2.4% from June 2011 
  • South Region : -7.4% from June 2011 
  • West Region : -5.9% from June 2011 

However, as with most months, it’s important that we recognize the New Home Sales data’s margin of error.

Although New Home Sales showed a 1 percent drop in July, the reported margin of error was ±12.9%. This means that the actual reading could have been as high as +11.9 percent, or as low as -13.9 percent. Because the range includes both positive and negative values, the Census Bureau assigned its July data “zero confidence”.

New Home Sales appear to be stable, despite falling sales figures. Supplies remain flat and builder confidence does, too. The good news for buyers in Minneapolis , then, is that lower mortgage rates are making homes more affordable.

Mortgage rates are currently at 50-year lows.

Filed Under: Housing Analysis Tagged With: Census Bureau, New Home Sales, New Home Supply

Housing Trends Newsletter August 2011!

August 23, 2011 by Bob Elliot Leave a Comment

The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau and Realtor.org reports, videos, key market indicators and real estate sales statistics, a video message by a nationally recognized economist, maps, mortgage rates and calculators, consumer articles, plus local neighborhood information and more.

See Housing Trends August 2001 Newsletter

Filed Under: Housing Trends Monthly eNewsletter Tagged With: housing trends newsletter

  • « Previous Page
  • 1
  • …
  • 1028
  • 1029
  • 1030
  • 1031
  • 1032
  • …
  • 1133
  • Next Page »

Connect with Me!

Let’s Keep In Touch!

  • This field is for validation purposes and should be left unchanged.

Quick Links

  • About Me
  • Accessibility Statement
  • Blog
  • Contact

Looking For Something?

Categories

Copyright © 2025 · Powered by MySMARTblog

Copyright © 2025 · Genesis Sample Theme on Genesis Framework · WordPress · Log in