Home to over 4.3 million people, with a 2.2 million labor force and an economic Gross Domestic Product (GDP) of $195 billion, Northeast Ohio is ranked as the 15th largest Combined Statistical Area in the United States according to the 2010 Census.
For investors, putting money into real estate in Northeast Ohio has become a wise move.
With rising employment opportunities, residents of Northeast Ohio have experienced an uptick in economic conditions. This makes Northeast Ohio an ideal home for folks who are looking for stability and a great place to raise their families.
Service oriented industries and the Information Technology sector are especially lucrative fields currently flourishing in Northeast Ohio.
Factors driving Northeast Ohio’s robust economy are:
Some of the well-known companies headquartered in Northeast Ohio are Cleveland Clinic, Keybank, PNC, Jones Day, Squire Patton Boggs and the NASA Glenn Research Center. The region is also home to more than 300 foreign-owned businesses who chose to invest and do business here.
From arts and culture, to entertainment, family fun and sports and recreation, Northeast Ohio has just about anything one would want!
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When it comes to your children’s education, you will find 27 accredited colleges and universities. These include excellent higher learning institutions such as Kent State, Cleveland State, Case Western Reserve, and the University of Akron.
Northeast Ohio is diverse and rich in our culture and community.
The low cost of living and friendly corporate tax structure are more good reasons to invest in Northeast Ohio Real Estate. We love living, working and investing in Northeast Ohio!
Still not convinced or just getting started in real estate investing? Partner with us; we’ll be happy to guide you along the process! Call us at 286-282-4332.