US Real Estate Markets With Long-Term Safety

There are a few reasons why some parts of the United States are simply a safer investment than others, where the market is nearly always robust enough to survive the economic ups and downs that destroy other real estate markets. A diverse mix of income sources and companies to provide steady employment, zoning and urban plans that don’t allow for wild building frenzies and a tendency not to attract sudden influxes of people moving in are just some of the factors, and Forbes has used all these criteria and more to create a list of five US real estate markets that they think have longevity. If your real estate investment is in any of these five cities, you can consider yourself pretty fortunate (or smart!):

• Seattle, Washington: because there’s still been good job growth and no out-of-control building
• Washington, D.C.: in part, because it has the lowest unemployment rate in the whole country
• San Antonio, Texas: with good job growth and not too much building
• Minneapolis, Min: because it didn’t go crazy with a boom and has a strong base of manufacturing and multinationals
• New York, N.Y.: because there was no crazy building boom - there’s nowhere left to build - and it has the lowest accommodation vacancy rate of all cities