Minnesota Homes & Real Estate
STATE OF MINNESOTA REAL ESTATE
State of Minnesota
This land of 10,000 lakes is known all over the world for possessing vast areas of wide open spaces, national parks and forests, picturesque lakes and a clean and green environment. It is primarily for these reasons (and a lot more!) that the State of Minnesota is among the most livable states in the country.
The State of Minnesota may be the 12th largest state in terms of area but it is also considered one of the most populous states in the country today. Majority or almost 60% of the state’s population reside in the Twin Cities of Minneapolis and St. Paul. Understandably so, considering that the two cities has remained the center of business, communication and transportation in the area.
One of its main cities, Minneapolis, has recently been cited number one among the most affordable places to live well based on the affordability of housing as well as cost of living. The State of Minnesota is known for its highly educated and healthy population.
The name Minnesota, which came from two Indian words which means clouded or tinted water, is appropriate since the state boasts of thousands of lakes making it one of the top tourist destinations no matter what the season is. The State of Minnesota is a great place for water-based activities, fishing, camping and even hunting.
The rise in the State’s population from 3.41 million in 1960 to 5.167 in 2006 is evidence of the State’s attractiveness to migrants both from other states and even from other countries. Majority or 86.3% of the State’s population are Whites followed by Blacks (4.1%), Hispanics 3.6% and Asians (3.4%).
The original settlers of the State of Minnesota were Native Americans including the Anishinaabe and Dakota. The migration of the Ojibwe Indians in the area in the late 1600s caused a stir among the Sioux Indians. The construction of Fort Snelling between 1819 and 1825 is one important part of the history not only of the State but it has a greater significance to the development of Minneapolis and St. Paul. The construction of a sawmill along Fort Snelling encouraged the population in the area which further led to the establishment of St. Paul.
The early economy of Minnesota was fueled by farming and logging and the accompanying industries like milling. The growth of the milling industry in the area was led by Pillsbury and General Mills. The discovery of iron in the 1880s led to the growth of the State’s iron and mining industries. This growth was however challenged by the Great Depression which resulted to massive layoffs for miners, low-incomes for farmers and the resulting labor unrest.
Minnesota’s economy rebounded after World War II with the introduction of new technologies which automated the farming process. It became the center of technology and became the location of businesses like Control Data Corporation and Medtronic. The economic growth in the area encouraged more demand for housing, jobs and transportation.
The development of both the cities of St. Paul (the state capital) and Minneapolis paved the way for the existence of the Twin Cities metropolitan area which further spelled the economic growth of Minnesota.
From a raw-material producing state, Minnesota has developed into a diversified economy over the last 200 years. With a $234 billion gross domestic product in 2005 and with 36 publicly traded companies belonging to the top 1000 (in terms of 2006 revenues) headquartered in the State, Minnesota is on its way to becoming an economic power in the country. Among the companies that have made Minnesota their base of operations are General Mills, U.S., Cargill, 3D, Target, Medtronic and United Health Group.
Search Minnesota Homes & Real Estate Homes for Sale
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than the owner of this site are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.
© 2019, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
By searching you agree to the End User License Agreement
Digital Millennium Copyright Act (DMCA) Notices: The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to: Michael Bisping, Director of Customer Relations at Regional Multiple Listing Service of Minnesota, Inc., 2550 University Avenue West, Suite 259S, Saint Paul, MN 55114 or by email to email@example.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Today's Market Trends for Minnesota Homes & Real Estate *
* All data pertains to single-family homes