Colonial Village in Arlington Tops Niche's 2024 Best Places to Live Due to Affordability, Lifestyle Despite Housing Market Challenges

• Colonial Village in Arlington, Virginia ranked #1 in Niche's 2024 Best Places to Live study • Carmel, Indiana and Chesterbrook, Pennsylvania rounded out the top 3 places • Rankings were based on factors like cost of living, schools, jobs, outdoor activities, etc.
• U.S. housing market remains challenging with rising mortgage rates and low inventory • Average 30-year fixed mortgage rate is nearly 7%, adding hundreds a month in costs for buyers