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Also known as the “City of Lakes,” Minneapolis is the 48th largest city in the United States. It is often associated with neighboring city St. Paul, as the two cities combined are known as the “Twin Cities,” and together represent the 16th-largest metropolitan area in the United States with about 3.5 million residents. The city’s geography is characterized by an abundance of water, with over twenty lakes, creeks, and waterfalls in addition to the Mississippi river. Minneapolis’ economy is heavily influenced by commerce, finance, rail and trucking services, health care, and industry. In 2005, Minneapolis was named “Top Tech City” in the U.S by Popular Science due to being significantly above the national average in terms of availability of Wi-Fi, transportation solutions, university research and development, and energy conservation. Though the housing bubble certainly had a negative impact on the market, Minneapolis was able to mitigate the damage caused fairly well and demonstrate resilience. The market is currently showing signs of leveling off, as average price per square foot has remained more or less consistent throughout 2010, and average listing prices are now rising. Search for properties in some of Minneapolis’ most popular neighborhoods - including Linden Hills, Lowry Hill, Loring Park, Webber-Camden, and Kingfield – at Houses.com.
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