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New Blue Ridge Tourism Campaign Launched |
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The Roanoke Valley Convention & Visitors Bureau just launched an advertising campaign inviting visitors to the Blue Ridge Mountains to hike a trail, visit a gallery, eat, shop and spend time in the Roanoke region this summer and fall. Krogers, Black Dog Salvage, Texas Tavern and Six-Eleven Bicycle Co. are also contributing to this campaign, along with area hotels and attractions. The campaign targets residents of Richmond, Hampton Roads and Raleigh-Durham. The campaign employs a new website BlueRidgeTime.com , as well as radio and TV spots, social media and special promotions in Kroger stores. As the largest metropolitan area in the Blue Ridge Mountain chain, the Region boasts a great collection of experiences for a metro mountain adventure. Check out this list of 75 reasons to visit Virginia's Blue Ridge. |
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Roanoke Region Offers Lowest Cost of Living in VA |
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The Roanoke Region has been ranked again at the top of the list when it comes to the cost of living in Virginia. Numbers released by the Council for Community and Economic Research for the 1st quarter of 2014 rank the Roanoke metro area as having the lowest cost of living index in the state. With an index of 91.6, costs in Roanoke are 8.4% lower than the national average of 100. The numbers put Roanoke well below the national average for costs and ahead of similarly sized metro markets in the South such as Richmond (100.6), Asheville (105.7) and Chattanooga (94). New York City ranked highest in cost of living with an index more than twice the national average (220.3). The Cost of Living Index measures regional differences in the cost of housing, utilities, grocery items, transportation, health care and miscellaneous goods and services. Thank you to the Roanoke Regional Parthership for sharing this good news! |
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All-Cash Sales Up Nationwide |
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The market share of all-cash purchases is on the rise, despite declines in distressed sales and investor activity, according to the National Association of REALTORS. Lawrence Yun, NAR Chief Economist, said the findings are counterintuitive. "Distressed home sales, most popular with investors who pay cash, have declined notably in the past two years, yet the share of all-cash purchases has risen," he said. "At the same time, investors have declined as a market share, indicating other changes have been underway in the marketplace." All-cash purchases rose from 29 percent in 2012 to 33 percent in the first quarter of 2014. Distressed home sales declined from 26 percent of the national market in 2012 to 15 percent in the first quarter of this year. |
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