You will see that Chester County, PA has one of the very lowest Economic Stress numbers and lowest unemployment numbers in the United States.
It helps you understand why Chetty Builders feels that they will have no problem selling their condos here in Coatesville, Chester County, PA.
It’s crime keeping people away from Coatesville; not a recession. If Coatesville was not drug trafficking central for Chester County, PA the real estate market here in Coatesville would be in HOT.
And, demographics show us that the hottest portion of the real estate market for decades to come is the condo-townhouse market for Baby Boomers and young people starting out. The McMansions may turn out to be “white elephants” in the real estate market.
Chetty is a very well respected experienced builder who is still making money is an over all depressed economy. Bart Blatstein is a very well respected experienced builder who is still making money in a depressed economy. They are both interested in Coatesville…Mmmm
Some Samples from the AP INTERACTIVE MAP:
THE NUMBERS FOR CHESTER COUNTY, PA are
"AP Economic Stress index 6.65
Just a few samples from places you might know:
Sacramento County, CA
"AP Economic Stress index 16.58
Bucks County, PA
"AP Economic Stress index 8.73
Westchester County, NY
"AP Economic Stress index 8.30
San Diego County, CA
"AP Economic Stress index 12.97
Have some fun checking out the Associated Press Economic Stress Index Interactive map at: