Okay we fell for this. The real estate information site
Cyberhomes shot us a comparison of the two earliest U.S. settlements, Jamestown, Virginia and Plymouth, Mass. Cyberhomes looked at which place would make the best settlement in 2008. The Jamestown Settlement is in James City County and the Plymouth Colony is in Plymouth County.
James City County
Median Estimated Home value - $319,766, which is down -6.44 percent in the past 12 months.
Population - 62,649
Pop Change since 2000 - 3.71%
Median Household Income - $95,567
Unemployment Rate - 2.60%
Recent Job Growth - 2.31%
Median Estimated Home value - $310,752, which is down -13.87 percent in the past 12 months.
Population - 505,547
Pop Change since 2000 - 0.93%
Median Household Income - $92,471
Unemployment Rate - 4.80%
Recent Job Growth - 0.27%
Based on the above, Cyberhomes concludes that settlers looking to drop anchor today would be best to settle in Jamestown. Compared to Plymouth, James City County boasts a higher median household income, a faster growing population, lower unemployment rate and higher recent job growth. In addition, the county’s home values have not taken nearly as big a hit as in Plymouth.
No comment on who’s got friendlier Indians.
BusinessWeek editors Chris Palmeri, Prashant Gopal and Peter Coy chronicle the highs and lows of the housing and mortgage markets on their Hot Property blog. In print and online, the Hot Property team first wrote about the potential downside of lenders pushing riskier, "option ARM" mortgages and the rise in mortgage fraud back in 2005—well ahead of many other media outlets. In 2008, Hot Property bloggers finished #1 in a ranking of the world's top 100 "most powerful property people" by the British real estate website Global edge. Hot Property was named among the 25 most influential real estate blogs of 2007 by Inman News.