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Neighborhood Watch

DC Takes 4th “Best Place to Live” + Baltimore Rental Investor Honors


Congrats to Washington, DC on taking a very meaningful 4th place in a beauty contest in the national press.  Washington was recently named the 4th Best Place to Live among 100 major US metropolitan areas, according to U.S. News & World Report. The rankings are based on quality of life, job prospects and affordability.

Here’s some highlights on what U.S. News & World Report says about Washington’s highlights and what to expect if you’re moving here:

“Each neighborhood in the District and its surrounding towns has its own atmosphere.”

“Residents gather for block parties, mingle at dog parks and converse at coffee shops, creating an ambiance similar to that of a much smaller community.” 

DC’s METRO and transportation system gets a #1 ranking in the nation in the report.

“Fourth best in the nation obscures the fact that DC is the only place in the Mid-Atlantic Region showing up in the high rankings. Richmond nabs #24 but that is about it,” said Gerard DiRuggiero, Principal Broker of UrbanLand Company. “We’re founded right here in DC and couldn’t agree more about the city’s vitality, cultural attractions, the quality of life, and the opportunities the business environment creates. Our 2nd DC office opens up shortly in Northeast and our #3 office is right behind it in Baltimore!”

“Best Places to Live” lists in general are consumer-driven in their themes. Why are we mentioning Baltimore in the quote? “DC ranks 4th in Best Places to Live and Baltimore is quietly pulling in solid rankings for its investor environment,” commented DiRuggiero. “The city offers high cash on cash returns for real estate investors and is nationally ranked last year as a Top Market for Rental Home Investors. Our neighbor up north is picking up accolades of it’s own.  That’s why we mention Baltimore in the same breath as DC!

Here’s Baltimore’s Rental Rankings from the #ULCBlog archives + more on what we’re up to in Baltimore:

 

 

 

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