Currently, Washington, DC is the best place in the country to work. For every job there are only 2 applicants. In other cities, like Detroit, there are 21 people applying for every job. This is a sign of a solid marketplace.
One other statistic: for fiscal year 2009 the estimated property, deed recordation and transfer tax revenues total approximately 34.7% of the general fund and local source revenue for the City. For DC, the real estate industry is the anchor for tax revenue.
That's good to know! Thanks!
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