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November 20, 2009


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"Smart" States Often Yield Faster Appreciation

Finding the best education for their kids is a primary consideration among home buyers looking to settle down, but that's not only because they want to raise bookworms.

Hubs of quality education are also often centers of fast home appreciation.

Not just a test score tally, Morgan Quitno Press' first annual Smartest State Award puts Connecticut at the top of the heap because of its high per-pupil expenditures, high public high school graduation rates, small average class size, high pupil-teacher ratios and high teacher salaries, as well as high student reading and math proficiency levels and a host of other public school-related factors.

Five of New England's six states are among Morgan Quitno's Top 10 Smartest States and five of them are also among the Top 10 Fastest Appreciating States (annually, as of the second quarter), according to Office of Federal Housing Enterprise Oversight (OFHEO).

Morgan Quitno's Top 10 Smartest States were Connecticut, Vermont, Montana, New Jersey, Maine, Wisconsin, Massachusetts, Wyoming Indiana and Rhode Island.

OFHEO's Top 10 Fastest Appreciating States were the District of Columbia, Rhode Island, Maine, Massachusetts, New Hampshire, New York, New Jersey, Minnesota, Florida and Vermont.

At the bottom of the heap were mostly South and Southwestern States -- Ohio, Delaware, Arizona, Hawaii, Nevada, Florida, Mississippi, Louisiana and New Mexico, dead last. Southern states also dominate the list of slowest appreciating markets -- Texas, Louisiana, Arkansas, Indiana, South Carolina, Idaho, Tennessee, Alabama, Mississippi and Utah.

Morgan Quitno is the Lawrence KS researcher and publisher of "Most Livable States", "Healthiest States", "Safest and Most Dangerous States" and other publications offered in book and online versions.

The first annual Smartest State Award is based on 21 education-related factors

from "Education State Rankings", a new annual reference book that compares the 50 United States in more than 400 education categories.

In addition to those mentioned above, factors include high school drop out rate, physical conflicts among students, percent of teachers physically attacked, percent of expenditures used for instructional purposes, teacher pay and average class sizes.

Together, all the factors reflect a state's commitment to students and teachers, an emphasis on excellence in the classroom and support of safe, well-run elementary and secondary public schools.

"Connecticut has a very solid record when it comes to education. Its excellence across-the-board in factors such as student proficiency in math and reading, class size and spending for education makes it a sure winner for the award," said Scott Morgan, president of Morgan Quitno.

Published: October 10, 2002

Use of this article without permission is a violation of federal copyright laws.




Broderick Perkins parlayed a career in old-school journalism into a contemporary digital news service that really hits home.

The award-winning consumer journalist, originally from Wilmington, DE, is founder, publisher and executive editor of the bootstrap DeadlineNews Group, a Silicon Valley-based editorial content and consulting service specializing in residential real estate, consumer news and related editorial consulting services.

The DeadlineNews Group includes the website, DeadlineNews.com, offering real estate editorial content and consulting services, and its back shop, the Deadline Newsroom, an open house on news that really hits home.

Perkins obtained his formal journalism education from University of Delaware and a journalism boot camp, the Institute of Journalism Education at the University of California-Berkeley. He went on to 20 years of service as a daily newspaper journalist at the Wilmington, DE News Journal and San Jose, CA Mercury News.

Perkins covered housing on the San Jose Mercury News reporting team which earned a General News Reporting Pulitzer Prize in 1989 for coverage of the Loma Prieta earthquake.

He has also produced real estate, consumer and small business content for the Wall Street Journal, Los Angeles Times, RealtyTimes.com, Nolo.com, Better Homes and Gardens, the National Association of Realtors, Homestore/Move and Intuit/Quicken among more than three dozen publications.

In addition to managing the DeadlineNews Group, Perkins most recently served as chief editorial consultant for Nolo's Essential Guide To Buying Your First Home, Nolo, and writes real estate television scripts for RealtyTimes.com.







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