Recently (November 16, 2006) BusinessWeek.com named West Chester, PA (Where my office is located!) as one of the top 25 best affordable suburbs to live in. Good Schools, low crime, and proximity to the amenities of the big city (Philadelphia) all contibuted to the rankings.
This is good news for home buyers, sellers and investors alike.
For Buyers, knowing that you are buying in a low crime area is always good. The word Affordable is always nice too.
For Sellers, it is always nice to have national publications like Business Week promoting your neighborhood. Anything that drives market traffic to you is a good thing.
For Investors, it is good to know that they have chosen an area that is likely to see growth.
____________________________________________________________________________________________
The 25 Best Affordable Suburbs in the U.S.
Low crime, reasonable commute, and good schools-who says you can't find a nice house in a suburb without paying a fortune?
West Chester, Pa. 19382
Median Home Price: $401,300
Cost of Living Index: 129.7
Violent Crime Index: 82
Secondary School Test Scores Index: 138
____________________________________________________________________________________________________________
To read the entire article, click here.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2008 ActiveRain Corp. All Rights Reserved
Post a comment
Temporarily disabled — coming soon!