Harrisburg, Pennsylvania was just named of one America’s most inspiring cities. So what does this mean for locals, Harrisburg new home communities, and US real estate investors?
Local 21 News picked up the story in January 2015. The rankings via Printaholic place Harrisburg, PA in the top ten most inspirational cities in the Northeast for artists. This places Harrisburg on par with entrepreneurial Wilmington (DE), Cambridge (MA), Annapolis (MD), and Manhattan (NY).
Inspiration is one of the most precious, and hard to bottle resources. Everyone wants more of it. A destination which exudes inspiration on tap is highly desirable, perhaps even priceless for many.
For individuals this means Harrisburg and its surrounding communities make a great place to live, work, start a business, run a business and draw great talent. With the current great affordability provided by Harrisburg new home communities and low interest rates there has never been a better time to relocate here.
Of course this will have a direct impact on the Central PA real estate market too. The visibility and interest sparked by the circulation of these new rankings are sure to grab the attention of out of area, and even international buyers and businesses, while waking up locals to the advantages of buying homes versus renting.
Ultimately this will spark a fresh surge in Central PA house and rental prices. This will bring additional interest and motivation, fueling an upward spiral, based on strong underlying fundamentals. Clearly, those that buy earliest will realize the most gains in equity appreciation, as well as the best yields on local rental property.
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