Your Southwest Suburbs Experts MelodeeBrooks@EdinaRealty.com

Eden Prairie Named Top 10 Small City by Money Magazine


From Money Magazine at www.money.cnn.com

10. Eden Prairie, Minnesota

Population: 60,600
Typical single-family home: $300,000
Est. property taxes: $3,500
Pros: Convenience; scenery
Cons: No downtown; long winter

Onetime cow town Eden Prairie is now a hot spot for businesses and families. Twenty miles southwest of Minneapolis, it has long been home to the families of Twin City sports pros and Fortune 500 execs. When electronics retailer Best Buy decided to relocate its corporate home away from Eden Prairie in 2000, local business leaders responded by forming Silicon Prairie, a group whose mission was to grow the town's tech industry. It worked. The employment base grew by more than 7% over the next five years.

Additional story in the Minneapolis Star Tribune:   http://www.startribune.com/484/story/557963.html


Real Estate News



Yahoo! News: Business - Real Estate
Late payments on mortgages rise again in 4th qtr (AP) 2/14/2012 11:51 AM
AP - Late payments on mortgages ticked up in the last three months of 2011, the second straight quarter-to-quarter increase after nearly two years of steady decline.
W.Va. AG launches mortgage settlement project (AP) 2/14/2012 11:21 AM
AP - West Virginia officials are launching a project to help homeowners get relief stemming from a nationwide mortgage settlement.
Most of Romney's top fundraisers remain anonymous (AP) 2/13/2012 5:00 PM

FILE - In this Feb. 10, 2012 file photo, Republican presidential candidate Mitt Romney speaks in Portland, Maine. Romney accepted nearly $280,000 in contributions raised by a former lobbyist for Fannie Mae, despite the GOP candidate's blistering criticism of the mortgage giant. Romney and other Republicans haven't identified other so-called fundraising “bundlers,” leaving voters in the dark about who their campaigns are indebted to.  (AP Photo/Robert F. Bukaty, File)AP - Despite criticism of Fannie Mae by Republican presidential candidate Mitt Romney, his campaign accepted nearly $280,000 in donations raised by a registered lobbyist who once represented the government mortgage giant and whose clients now include a private equity firm and the drug company Pfizer.


Ex-Bear Stearns execs pay fines, accept bans (AP) 2/13/2012 4:37 PM
AP - Two former Bear Stearns executives reached settlements Monday with federal regulators over civil charges they mislead investors about risky mortgage securities when the housing market was collapsing.
Summary Box: Hot homebuilders stocks worth a look (AP) 2/13/2012 3:34 PM
AP - ROARING RALLY: In anticipation of the spring home-selling season, the Standard & Poor's homebuilders index has surged 60 percent in four months.
How to invest in the coming housing market rebound (AP) 2/13/2012 3:33 PM
AP - The housing market recovery hasn't taken off yet, but a rally in its stocks sure has. The Standard & Poor's homebuilders index is up 60 percent since October.
Details emerge on Rep. McKeon's Countrywide loan (AP) 2/12/2012 6:21 PM
AP - Documents detail the terms of a discounted mortgage loan received by U.S. Rep. Howard McKeon from the now-defunct Countrywide Financial Corp. under a VIP program, according to a published report.
Exclusive: Mortgage problems? Turn your house into a billboard (Reuters) 2/12/2012 6:06 PM

Sarah Hostetler (C) and her parents Beth and Scott pose in front of their home in Buena Park, California, February 11, 2012. REUTERS/Josh EdelsonReuters - When they saw the house on El Dorado Drive in this Los Angeles suburb being painted a startling orange and green and giant billboards hung on the outside, Scott and Beth Hostetler's neighbors were initially angry and confused. Some even considered calling the police.


NY's AG isn't backing down from Wall Street probe (AP) 2/10/2012 4:11 PM

FILE- In this March 18, 2011 file photo, New York Attorney General Eric Schneiderman answers a a question during a news conference in his New York City office. Although shrugging off the “sheriff of Wall Street” title, Schneiderman stood firm against major banks when he rejected a settlement over the mortgage collapse a year ago, because it shielded them from future investigations (AP Photo)AP - New York Attorney General Eric Schneiderman, a lead investigator into the mortgage collapse that wobbled the U.S. economy, hasn't taken the title "Sheriff of Wall Street" that one of his predecessors rode all the way to the governor's mansion.


Bernanke urges action to heal housing markets (Reuters) 2/10/2012 2:45 PM
Reuters - Federal Reserve Chairman Ben Bernanke on Friday issued a call to action to restore U.S. housing markets, saying depressed house prices and sales are a serious drag on the economic recovery.

Contact Information


Melodee Brooks
 
Melodee Brooks
Email Melodee
 
Phone: 952-562-2370
Cell: 612-802-5356
Fax: 952-934-0105

 
Darin Brooks
Email Darin
 
Phone: 952-934-5000
Cell: 612-998-6210
Home  |  Contact Me  |  Search All Properties  |  Customized Search  |  Featured Listings  |  Foreclosures  |  KHovnanian  |  Recent Sales  |  The Melodee Difference  |  About Me  |  My Team  |  Testimonials  |  Home Evaluation  |  Buying  |  Selling   |  Relocation  |  Calculators  |  About Minnesota  |  Neighborhood  |  School Information  |  Resources  |  House and Home  |  Home Warranty  |  Recommended List  |  Refer Me  |  Real Estate News  |  About Edina  |  About Eden Prairie  |  About Chanhassen  |  Chanhassen Video Tour  |  About Chaska  |  About Victoria  |  About Carver  |  About Waconia  |  Newsletter  |  Inspiration for Today
 

Privacy Policy  |  Site Map  |  Links  |  Profile  |  Sign In

©2004-2012 Edina Realty