Washington Top Spot for Urban Investors ; Area Beats Other Markets in Survey for Third Consecutive Year

Summary


The Washington area ranked as the top urban real estate market in the world in a survey released yesterday by a real estate investment association.

Washington bested London and Tokyo for the third year in a row largely because of the stability it offers for real estate investments, according to the Association of Foreign Investors in Real Estate (AFIRE).

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Extract


Washington Top Spot for Urban Investors ; Area Beats Other Markets in Survey for Third Consecutive Year

"Of all the major urban real estate markets, Washington, D.C., has performed the best, had the lowest vacancy rates and held up better in the most recent downturn," said Jim Fetgatter, ...

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