Good for Real Estate, Good for Business, Great for Realtors®

This past April, I attended a meeting in Richmond with other VAR Realtors®. .We were fortunate to hear from Governor Terry McAuliffe, who emphasized that Virginia is an excellent state for business. In fact, Virginia was named by Forbes Magazine last year as the top state for business.

Northern Virginia, in particular, has a thriving business community. And we know that a strong business community can help to boost home values. Potential real estate investors in our region can feel confident that historically, property values have shown steady growth. Home buyers can be comfortable putting down roots in this area. 
The facts speak for themselves.

• Right now, our unemployment rate is 4.2 percent, significantly lower than the national average of 7 percent. 

• Northern Virginia is home to excellent public schools and universities. For example, 229 students from 19 Fairfax County public high schools were named National Merit Scholarship semifinalists for 2013. 

• Our proximity to the nation’s capital and easy access to the global marketplace make this an ideal region for economic growth and opportunity.

The next time a prospective home buyer or investor approaches you with questions about Northern Virginia, will you have the answers? Know the resources that can help you explain to potential clients why Northern Virginia is an excellent place to purchase a home. 

In this month’s issue, check out the latest commercial real estate news on page 33. Our NVAR Commercial Council Chair Frank Dillow writes about development in and around the Richmond Highway corridor, one of many Northern Virginia’s growing economic hubs. 

On page 7, you can read coverage of our April Market and Legislative Briefing, where GMU Senior Research Associate David Versel explained Northern Virginia’s evolving and diversifying economy. While there has been a reduction in federal procurement, there are major efforts underway to ensure continued growth in our region’s economic base. 

RE+VIEW magazine coverage is just one of the available resources for Northern Virginia Realtors®. The NVAR staff is always willing to answer your questions so that you can deliver accurate data points to consumers. Just email webmaster@nvar.com.
Stay informed, be motivated and boost your bottom line!