I got an e-mail today with some pretty interesting stats. Check it out:
Key Minnesota Real Estate Statistics
The National Association of REALTORS® has put together a comprehensive overview of Minnesota Real Estate Information. Below are the findings:
Total Housing Units 2,065,946
Owner Occupied 1,412,724
Homeownership Rate 74.55%
Number of Home Sales 2005 111,231
Conventional Loans 102,001
FHA Insured Loans 7,302
VA Guaranteed Loans 1,127
Median Household Income $47,111
Economic Impact of Real Estate Activity in Minnesota $42.36 billion
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