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Report: Mpls. No. 1 For Singles Looking For Love – And Real Estate

MINNEAPOLIS (WCCO) -- Looking to find that special somebody and find an affordable home? Minneapolis is the best spot, according to recent report.

The real estate website, Realtor.com, looked at cities around the country looking for a high percentage of single-owned homes, median home prices that are relatively affordable for people earning the median income in the area and where the unemployment rate is near or less than the national average.

And coming in at that coveted No. 1 spot: Minneapolis.

The "City of Lakes" boasts the lowest unemployment rate on the list with just over 3 percent, which is one of the main factors that pushed it to the top of the list.

Minneapolis also has one of the higher percentages of singles (28 percent) on the list – placing just behind Denver and St. Louis.

"These markets are not simply places with a high number of singles; in fact, the raw share of singles in these markets combined is about the same as the U.S. average," Javier Vivas, a realtor.com economic research analyst, said. "What really distinguishes this set are the more favorable conditions singles face when it comes to homeownership. Some of those right ingredients include solid job creation, rational price appreciation, and varied amounts of affordable inventory."

Minneapolis' median list price for homes came in at $268,000.

Second place went to Indianapolis, Indiana, and third place went to Raleigh, North Carolina.

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