Virginia REALTORS®

Almost on par with expectations, gross domestic product (GDP) increased at an annual rate of 2.8% in the third quarter of 2024, slightly lower than the GDP growth of 3.0% in the prior quarter. Factors that contributed positively to real GDP growth were consumer spending, exports, and federal government spending. These increases were partly offset by an increase in imports.   https://lnkd.in/eWsdauPu

Virginia REALTORS® provides you with healthcare options through your membership. Tomorrow, Thursday, October 31st, join the webinar to find out how to get started with one option: CapCare. You'll learn about new programs being offered and get your questions about healthcare answered. Save this link to join the Teams meeting on October 31st at 2:00 p.m. bit.ly/4fmbNmu Note: You do not need a Teams account to join the meeting.

As a Virginia REALTORS® member, you have access to news, market data, housing research, and MORE through HousingWire. Take just a couple minutes and sign up now! bit.ly/4463Vkf #VirginiaREALTORS

The latest Virginia Home Sales Report is out and Virginia REALTORS® Chief Economist Ryan Price is breaking down some of the key trends from September. #VirginiaREALTORS

Tomorrow is the day! Join Valerie Garcia for the next edition of "The Scoop" webinar. Learn strategies you can use in YOUR business. Register today for the free virtual event. bit.ly/4eWqr3T #VirginiaREALTORS

Fall in Virginia's Blue Ridge is full of festivals, special events, and outdoor adventures!😍 To plan your getaway this season, check out our extensive blog post here: https://lnkd.in/eNxWWM_F 📸 Virginia Tourism Corporation

The Research Team is breaking down last month’s sales trends in the commonwealth. Share the latest Virginia Home Sales infographic now! #VirginiaREALTORS

The latest data reveals renewed growth following a cooldown over the previous months in the labor market in Virginia. The unemployment rate in Virginia ticked up slightly to 2.9% in September but remains much lower than the 4.1% unemployment rate in the country overall. Virginia was one of five states that saw an increase in nonfarm payroll employment since the prior month. Additionally, employment levels were 1.5% higher compared to the same time last year in the commonwealth. https://lnkd.in/g-MPvQuX

Home builder sentiment strengthened in October due to more activity from buyers taking advantage of lower interest rates. The increase in sentiment since the previous month is consistent across all regions in the United States except for the Northeast. Builder expectations of current and future sales as well as traffic of prospective buyers increased as per the latest Housing Market Index (HMI) report. At the same time, the share of builders cutting prices has held steady at 32% in October, while their use of sales incentives has increased slightly since the last month. https://lnkd.in/dSZaPQpd

Election day is 19 days away! Your voice matters, so make sure you have a plan to vote. Check out our list of key reminders for Election Day 2024. bit.ly/485QtPJ #VirginiaREALTORS