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Roanoke Region Gets High Marks

The latest edition of Southern Business & Development magazine recognizes several Roanoke Region locations in the list of "Who's winning the economic development game in the South?" The 'best of' list ranks locations from all over the Southern part of the country in 60 different categories.

Here are the highlights from the Roanoke Region:

  • Best-Kept Secrets for Great Quality of Life in the South: Mid-Markets: Roanoke VA
  • Best Data Center Locations in the Southeast: Roanoke County VA (honorable mention)
  • Best Cities and Counties in the Southeast for the Creative Class: Roanoke VA
  • Best Mid-Markets in the Southeast for the Automotive Indistry: Roanoke VA
Thanks to the Roanoke Regional Partnership for sharing this good news!
Home Sales Best in 10 Years

The economy in the Roanoke region continues to show strength, and the regional housing market is reflecting overall economic vitality.

The latest data from the Multiple Listing System of Roanoke Valley show that home sales are at levels the region has not seen since before the recession. Sales of homes in May, 2016 surpassed sales of any May since 2006. Sales are up 17.8 percent from May, 2015. In May, more than $108 million in overall residential sales volume was reported, averaging just over $201,000 per home sold.

The Multiple Listing System of Roanoke Valley encompasses the following areas: Cities of Roanoke and Salem, Town of Vinton and Counties of Roanoke, Botetourt and Craig, plus a portion of Bedford County and Franklin County.

"Dare to Dream"

June is National Homeownership Month – a time for special recognition of the impact of owning a home and achieving a cornerstone of the American Dream. Homeownership is powerful for individuals, communities, and our economy. Not only does owning a home afford families a space of comfort, it helps build financial security through equity and creates leverage for future investments. Homeownership creates residential longevity that strengthens communities too.

Our economy benefits from the financial capacity that families and communities gain through homeownership. Many businesses benefit and thrive through homeownership and the entire process associated with buying, selling and owning a home.  It is easy to see that homeownership is an enormous benefit to everyone.

Celebrate the American Dream during National Homeownership Month.  Homeownership – it’s the best investment in our future!

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