Best Cities to Ride Out the Recession

By
Real Estate Broker/Owner with Moore Realty Services

Great news for the Washington D.C metro area!  Business Week just named Arlington, VA the best city to ride out the recession, with Washington D.C. closely following.  The Washington D.C. metro area has one of the lowest unemployment rates in the country.  Arlington, VA has an unemployment rate of only 4.3%, well below the national average.  The Washington D.C. metro area was also recently named on of the best places to earn a living.  If you are looking to buy real estate in the Northern VA (Arlington, Reston, Herndon, Vienna, McLean to name a few) or Washington D.C. metro area, this is an excellent time to buy.  Prices are not as expensive as they used to be and the real estate market is actually selling very well right now.  Buying real estate in an area with low unemployment and a diversified economy helps protect your investment.  This area does not have the issues of other areas in terms of bloated inventories, massive amounts of foreclosures, and rising unemployment. 

If you are looking to purchase a larger home, there couldn't be a better time.  To search all the real estate listings available in the Northern VA and Washington D.C metro area, you can go to http://www.homesdatabase.com/kristylynam or click on the Search Listings link to the right. 

To view the Business Week article, go to http://images.businessweek.com/ss/08/10/1014_recession_cities/2.htm.

Happy House Hunting!

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