Our best-kept secret has been announced to the world by Bert Sperling of Sperling’s Best Places fame. Sperling has previously researched and written books about a variety of issues such as the best places to raise a family and cities with the lowest crime rates.
The idea is that although larger cities may be a great place for young graduates to find work and jump start careers, often the high cost of living is prohibitive for young families. This study looked at affordability and job growth, as well as quality of life for the real estate section at MSN. The Fayetteville Metropolitan Statistical Area (MSA) ranked number one in the country, according to Sperling. (Fayetteville MSA includes Fayetteville, Springdale, Rogers, Bentonville and stretches into extreme southwest Missouri.)
The area boasts five-year-job growth of 26.1% and a low unemployment rate of 3.5%. In addition to the headquarters for Wal-Mart, Tyson and J.B. Hunt Trucking, many other Fortune 500 companies have facilities here.
Living costs are low and there are many cultural opportunities: the University of Arkansas-Fayetteville with all their sports and cultural activities, several museums plus a world-class museum scheduled to open in 2009, a large performing arts center, excellent medical facilities, and our own regional airport with non-stop service to Chicago, Houston, Detroit, Minneapolis, Dallas and additional cities.
Add all that to the clean air and natural beauty of the Ozarks, many lakes including Beaver Lake with its 449 miles of shoreline, and a very livable four-season climate and you can easily understand why Sperling found this area so attractive.
Other cities featured in the study are also smaller cities with vibrant economies and usually universities: Idaho Falls, ID; Logan, UT; Auburn and Huntsville, AL; Iowa City and Dubuque, IA; Pensacola, FL; Blacksburg, VA; and Fargo, ND.
To find real estate information for Fayetteville:
Fayetteville and NW Arkansas Real Estate
To search for homes in NW Arkansas:
http://www.NWArkansasHomeSearch.com
For more information about the study:
http://realestate.msn.com/Buying/Article2.aspx?cp-documentid=3863709
http://www.nwanews.com/nwat/news/51179
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