The Don Edam Group | Real Estate Professionals Serving Minneapolis, Edina, St. Paul and Surrounding Suburbs

CNN Money just came out with its latest “Best Places to Live 2010“.  Not only was Eden Prairie, MN ranked #1 overall, but 4 other cities in Minnesota made it into the top 25!  The other cities included Plymouth (#11), Woodbury (#13), Eagan (#15), and Apple Valley (#20).  CNN Money was focused on smaller cities (population between 50,000 and 300,000) that are good for families.   Their exact criteria can be found here.

This marks the 2nd Minneapolis suburb to be picked atop the list in the past 3 years (Plymouth ranked #1 in 2008).

Click through to see updated stats on Eden Prairie homes and condos.

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Legislation was signed over the weekend to extend the closing deadline for the First-Time Homebuyer Credit. The extension moves the closing date requirement from June 30th, 2010 to September 30th, 2010. Please note that this does not open up the tax credit to those that do not already have an executed purchase agreement…it just allows those who had a purchase agreement in place by April 30th, 2010 to be able to close at a later date and still receive the tax credit.

Many soon to be homeowners were running into issues with short sales taking longer than expected to get approved or were having issues getting financing in time for the previous closing deadline.