Omaha! America's Most Recession Proof City!
CNNMoney.com has just posted their 2010 list of the 20 most recession proof cities and Omaha came out on top!
Here is an excerpt from the article:
"When it comes to recession-proof cities,"the Big O" is still on top.
Of the strongest-performing cities during the recession, Omaha, Neb. had the lowest unemployment rate -- a mere 5.5% in June, compared to a whopping 9.5% for the country overall -- and the lowest change in unemployment over the last three years.
So it's no surprise that Warren Buffett's hometown made the top 20 list of the strongest-performing metro areas according to MetroMonitor, a quarterly report released Wednesday by Brookings Institute's Metropolitan Policy Program..."
Click here to read the full article.
Bill Swanson is an agent with CBSHome Real Estatewith over 25 years experience of helping buyers and sellers in the Omaha area. CBSHome is an affiliate of Berkshire Hathaway. If you need any help buying or selling a property in Omaha, please contact Bill.
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