Des Moines has high-fived lots of atta-boys lately. Earlier this year Forbes rated Des Moines metro 4th in the nation in their "Best Places for Business and Careers."
In May, Kiplinger issued a list of "Best Cities to Live, Work and Play" and Des Moines came in 9th on the list. Why? Here's what Kiplinger sees.... "Des Moines’s friendly, hometown atmosphere, top public schooling and affordable cost of living make it an ideal place to raise a family. But it also has big city amenities, including a growing arts scene with galleries, a symphony orchestra, a ballet and opera, trendy shops and an expanding skyscraper cityscape.
"The local economy is gaining momentum as well. Jobs will increase mainly in finance, insurance, government and manufacturing. About 60 insurance companies here make the city the third largest insurance center in the world.
"Housing is still affordable. The median price for a single-family home is just under $150,000. In the northwest suburbs, for example, a 2,100-square foot three-bedroom home will go for $165,000. For those seeking trendier accommodations, a one-bedroom condo in the downtown’s newly redeveloped Western Gateway neighborhood can fetch a price of under $130,000, while a 2,700-square foot, newly renovated Victorian home in the western suburbs can go for just under $330,000."
And the Des Moines housing market is still healthy, yet affordable, six months later even though the nation is experiencing a decline in housing prices. As The Des Moines Register reports this morning, "Des Moines bucks trend, sees increase in home prices."
"The Des Moines metropolitan area was one of 28 areas nationwide to see its median home sale prices climb in the third quarter, squeaking 1 percent higher to $155,400, a National Association of Realtors report showed on Tuesday."
Des Moines.... steady as she goes.
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