Monday, June 15, 2009

Forbes puts Seattle on Top Ten List for Recovery

Forbes.com ranked the top 10 cities in the United States poised for a quick economic recovery. These rankings were based on employment numbers, housing data, and industry trends like technology advances. The top 10 metropolitan areas were:

Austin-Roundrock, Texas
Fayetteville-Springdale-Rogers, Ark.
Boulder, Colo.
Huntsville, Ala.
San Antonio, Texas
Mobile, Ala.
Dallas-Fort Worth-Arlington, Texas
Washington-Arlington-Alexandria, D.C.-Va.-Md.-W.Va.
McAllen-Edinburg-Mission, Texas
Seattle-Tacoma-Bellevue, Wash.

Seattle's economy was specifically highlighted for its emphasis on techonology and new business devlopment. Seattle's real estate market has slowed the rest of the economy, with the inventories high and prices over the past year dropping. The economy should begin recovering as the real estate market tries to catch up.

Sam DeBord and Brian Wiegand
SeattleHome.com
Seattle Waterfront Real Estate Brokers - RE/MAX Connected
Seattle Waterfront Homes - Water View Homes - Floating Homes - Houseboats - Condos - Luxury Homes

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