According to SmartMoney.com today, Tacoma (1st) and Seattle (5th) are both listed as two of the top “Five Markets Expected to Fare Best in 2010.”
The top 5 are out of 100 cities nationwide are:
#1- Tacoma
#2-Memphis
#3-Pittsburgh
#4-Charleston
#5-Seattle
This is a pretty great list to be on, especially when most of the regions in the country are not fairing too well. This just goes to show that the Seattle area market, which never went too crazy when housing prices were shooting up, is also not going to crazy now that housing prices have fallen. We (and by “We” I mean Seattle – I have the right to call it that since I was born and raised here), has always stayed pretty stable due to our amazing diverse local economy (Microsoft and lots of other tech companies, Boeing and it’s local suppliers, and our amazing location for foreign trade, and many more). Since we don’t rely on only one or two forms of business to keep our local economy moving, we are able to better withstand bad economic times. Thank you mom and dad for moving from ‘NoMansLand, Minnesota’ to Seattle before I was born! You had some great economic foresight!
Comments on this entry are closed.