Unemployment Rate in Northern Virginia

By
Real Estate Agent with Samson Properties VA0225077251


As per Bureau of Labor Statistics the unemployment rates(data from Nov. 2009) in the Virginia rate is signification lower than the rest of the country. Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Statistical Area where the unemployment rate is 6.1 and overall Virginia unemployment rate is at 6.9 (Dec 2009).

The numbers show the strong local economy. With the $8000 first time home buyer tax credit / $6500 for existing home buyer has created once again a multiple bid housing market for our area.

Are you still on fence about purchasing your home?


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Topic:
Real Estate Market Trends
Location:
Virginia
Groups:
VIRGINIA
Tags:
real estate market in virginia enovahomescom samson properties unemployment rate in virginia

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Rainmaker
908,291
Bill Gassett
Metrowest Massachusetts Real Estate
RE/MAX Executive Realty

Those rates are actually very low compared to Massachusetts!

January 26, 2010 09:09 PM
Rainmaker
450,572
Ritu Desai
Northern Virginia Realtor - Fairfax/Loudoun/PW - 7
Samson Properties

Thank Bill! We do live in the background of White House

January 27, 2010 11:21 AM
Rainmaker
57,734
Dave Woodland
Your Bend, OR Friendly, Knowledgable Mortgage Professional
Signet Mortgage

Ritu- Love your name.  My wife's name is Satu...

Jobs are the key! 

Housing is still hurting and the economy won't rise until housing is settled. Housing won't be settled with terrible underemployment. Go Jobs Go!

Here is a 2012 update on UNemployment and UNDERemployment:  

http://activerain.com/blogsview/2810804/thirteen-definitions-you-need-to-know-when-talking-about-u-s-unemployment-

I hope your N-VA market is seeing some turnaround. We're not feeling the "dropping" unemployment rate yet here in Oregon.

February 07, 2012 04:42 AM
Anonymous
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Rainmaker
450,572

Ritu Desai

Northern Virginia Realtor - Fairfax/Loudoun/PW - 7
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