Washington DC Offers Top Potential for Growth
Washington DC offers top potential for growth. According to Kiplinger's Personal Finance, Washington DC ranks third behind Austin, TX and Seattle, WA as one of the Top 10 Cities With the Potential for Growth. Kiplinger's is one of the top personal finance and business magazines in the country.
Kiplinger's created their list based on interviews with community leaders as well as local business people and residents all across the country. They also took into consideration the amount of teachers, scientists and writers working in the city, the accessibility of public transportation throughout the community and how affordable living in the city was. The understanding that creative forces go hand in hand with local economic vitality, especially when it is shared with other members of the community, makes it easy to see why Washington DC was sitting right in the top three for the nation.
Even though it is the political capital of our country, Washington DC was recognized for its booming economy, multiple job prospects, fantastic local neighborhoods and abundance of entertainment available. When you add in that the 30-year fixed-rate mortgage has held steady at a historically low 4.09% (as of September 22, 2011), home prices remain incredibly affordable and there is an abundance of inventory to choose from, buying a Washington DC home has never seemed more ideal than now. Contact me to find out why Washington DC offers top potential for growth and how you can be a part of it!
Originally posted on my Northern Virginia Homes blog here: http://northernvirginiahomes.net/2011/09/29/washington-dc-offers-top-potential-for-growth/.
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