Impact of Housing for Virginia’s Economy [Infographic]

    Report Highlights:

    • In 2016, there was $67 billion in economic activity in the real estate industry in Virginia
    • Virginia’s real estate industry is the second largest generator of direct economic activity, trailing only federal government spending
    • The real estate industry supported over 445,000 jobs across the Commonwealth in 2016, supporting over $20 billion in labor income
    • As a result of the real estate industry, state and local tax revenues in 2016 were boosted by more than $2.2 billion

    Click here to view the full report.

     

    Trackback from your site.

    Leave a Reply

    About our blog

    Our agents write often to give you the latest insights on owning a home or property in the Central Virginia area.

    Testimonials

    April [Lane] is a very experienced Realtor and help us successfully buy a new home and sell our existing home. Both deals were extremely complex. She had to use her expertise to assist the other Realtors in getting everything completed. She is, by far, the best Realtor I have ever had the chance to work with. We were so lucky to have had her working for us. She ending up saving us on both sides: in selling our home and purchasing a new home. I would highly recommend her to our friends and family…
    Bruce B. (Buyer & Seller)