Jumat, 13 Januari 2012

Why the Seattle Housing Market is Safer in a Recession

Earlier this year, Business Week's Prashant Gopal wrote and article titled "Some cities will be safer in a recession." I summarize this article and share your thoughts about why they named Seattle as one of those cities.

As you can imagine, cities with a strong presence in health, education, law, energy, and the government will do better than those without slowing down. Why, because all of these items is considered by most of us as a necessity.

As you can imagine, cities with a strong presence in health, education, law, energy, and the government will do better than those without slowing down. Why, because all of these items is considered by most of us as a necessity.

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As you can imagine, cities with a strong presence in health, education, law, energy, and the government will do better than those without slowing down. Why, because all of these items is considered by most of us as a necessity.

...

As you can imagine, cities with a strong presence in health, education, law, energy, and the government will do better than those without slowing down. Why, because all of these items is considered by most of us as a necessity.

...

As you can imagine, cities with a strong presence in health, education, law, energy, and the government will do better than those without slowing down. Why, because all of these items is considered by most of us as a necessity.

......

colleges do not necessarily thrive in bad times, but they do not go out of business or. People tend to go back to school to learn marketable skills when unemployment is high, but the former donations and government grants tend to disappear during a recession. Large cities with more universities have benefited from this situation. Seattle has several universities such as University of Washington, Seattle University, Seattle Pacific University, City University and others.

Even the doctors and nurses feel the pinch of the recession because people without jobs or insurance tend to put off medical examination until it is absolutely necessary. But medical care is in demand in good times and bad. Seattle has many hospitals in the area, including:

Children's Hospital and Regional Medical Center

Children's Hospital and Medical Center is the premier pediatric referral center in the Pacific Northwest, with national prominence for clinical expertise and collaboration with the University of Washington School of Medicine.

Harborview Medical Center

As the only Level 1 regional trauma center, Harborview expert emergency and operating room staff are available 24 hours dnevno.University of Washington Burn Center at Harborview is nationally known for advances in burn-care techniques.

Northwest Hospital

Northwest Hospital is a non-profit hospital located in North Seattleu.Northwest Hospital Childbirth Center was the first in Seattle to provide labor, delivery, recovery and postpartum care in a single room.

Overlake Hospital

Overlake Hospital is a nonprofit, non-tax supported community hospital offering a full range of advanced medical services. Overlake options at level III trauma center in the greater Eastside, birth center with a special care nursery for premature infants and innovative postpartum follow-up program.

Swedish Medical Center

Swedish Medical Center Northwest isthe largest, most comprehensive health care facility. Its flagship campus, located at the Seattle First Hill is a regional referral center for several major specialties. The Swedish Ballard campus is a full-service, acute care facility offering quality medical and surgical services environment.

University of Washington Medical Center

Many consumer guides to quote University of Washington Medical Center (UWMC) as one of the best hospitals in the country - one of the top 10, according to U.S. News & World Report annual guide.Located on the UW campus 0.450-bed medical center provides comprehensive primary and specialty care.

Valley Medical Center

Valley Medical Center

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Valley Medical Cente rprovides wide range of health services to individuals who live and work in South King županije.Hitnoj service, certain level III trauma center, is one of the busiest in the country, a crisis intervention counselor is available throughout the day.

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Virginia Mason Medical Center

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wow, that's a lot of health care and a lot of stable jobs.

Trade Pillow

of the economy and trade tend to be relatively stable, because although people might not be able to afford restaurant food, they still need to eat. There are 206 stores in the Seattle Department grocer Safeway. QFC and Albertson's to add however that this total. And, despite scaling back new store openings after a third quarter profit drop, Whole Foods Market is still going ahead with plans for two more Seattle-area stores, which is the total number in the Seattle area seven.

main port Pillow

Seattle, is a major port and will continue to benefit from robust international trade as the dollar weakens.

Seattle at a glance

Seattle at a glance

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Seattle at a glance

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metro area unemployment rate: 5%

Agriculture jobs: 0.34%

Professional, scientific and technical jobs (legal, accounting, etc.): 12.24%

Education jobs: 10.02%

health care jobs: 11.49%

Public Administration (Government) jobs: 3.48%

If you live in Seattle, you are a great place to buy your first home. Prices have come down, mortgage interest rates are at historic lows, and sellers are willing to pay for most if not all of your closing costs.

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