Summer is in full swing in Minnesota. That means the news is filled with stories about our lakes, our parks, and our farmers markets. of course, all of those are topics we love to cover in Greening Minnesota.
Earlier this month, Alexandra Cousteau, granddaughter of the famous late ocean explorer Jacques Cousteau, visited Powderhorn Park on July 4 to promote an effort called Expedition: Blue Planet and to film a segment for it. Minneapolis was the first stop for the project’s film crew and biodiesel bus on its 14,500-mile tour across North America to investigate water issues and educate the public about water conservation. Some local organizations were there to help, too, like Blue Thumb, a clean-water program started by Rice Creek Watershed District that now has many chapters in Minnesota, and Metro Blooms, whose mission is to promote eco-friendly gardening that beautifies neighborhoods and protects the environment.
To help people recycle more when they're not at home,...
Money magazine recently announced its annual list of the 100 Best Places to Live. Topping this year's list, as in years previous, is yet another Minnesota city. This time, it is Eden Prairie, Minn., the family-friendly town with a population of 64,000 located southwest of the Twin Cities.
Eden Prairie is ranked at the top not only because it is a great place for families, it has a resilient economy. At 5.1%, its unemployment rate is nearly 1 percentage point below the rate for Hennepin County and more than 4 points below the national average. It's not hard to understand why that is, with 50,000 jobs located right in town. Major companies in Eden Prairie include the headquarters of Supervalu, ADC Telecommunications, MTS Systems Corporation, and the Minnesota Vikings, whose practice facility and front office are here.
Eden Prairie MN isn't all work with no play, though. Eden Prairie residents enjoy swimming in the...
Some spectacular Minnesota homes
were recently mentioned by Forbes. The topic of discussion? Ultra-high-end homes on the market for tens of millions of dollars in unexpected locations. What are they doing there?
The first Minnesota home mentioned is a $10 million gated compound called the Brentwood that has all the amenities a high-caliber home should: a three-tiered screening room, a billiards hall with a wet bar, master bathroom with a fireside Jacuzzi and 10-spigot shower, guest homes, a lushly wooded lot, tennis court, and, like all the best Minnesota homes, a boat dock. Sounds like a Lake Minnetonka home
, right? Wrong. It is located about 2 hours away from the Twin Cities in Big Chippewa Lake, Minnesota.
In many parts of the U.S., even the most expensive homes cost less than $10 million. Our listings are full of multi-million dollar homes that don't add up to that price-tag. Most of them are located in the Twin...
Is it cheaper to buy a home than it is to rent a home? In some cities, renting is more expensive than buying!
Trulia.com recently released its new Buy vs. Rent index, ranking the top 10 cities in the United States where buying a home makes most financial sense. Minneapolis (and by close relation St. Paul and most of the metro area) has landed on that list. Though Minneapolis didn't see the same huge spike in real estate prices that other communities experienced during the housing boom, once prices started dropping, home ownership became really cheap.
In Minneapolis, the average listing price for a home placed on the real estate market is $153,844. A 30-year fixed rate mortgage for that amount locked in at the rate of 4.638% APR would result in a monthly payment of approximately $768. The average monthly price for renting a home in Minneapolis is $1,700. Other cities where it is cheaper to buy than rent...