Mike May, Realtor 804.731.0111 Mike May, Realtor 804.731.0111
Search South Central Virginia Homes Search South Central Virginia Homes

Search Properties Advanced Search
Newest Listings

    Create Profile   Lost Password?
    Amayzing Home Finder

    Chesterfield County Real Estate: Building The Economy & Home Ownership

    Posted By @ Nov 9th 2011 3:01pm In: Blog Posts by Mike May

    Are your considering purchasing Chesterfield County real estate? hands

    If you have any doubts about the true value that a home represents, visit your local home improvement store on a Saturday morning. After a hard week’s work, what could possibly motivate people to walk the aisles seeking plants, decorative fixtures or new appliances? The answer is homeownership. An integral part of the American dream, a home is where memories are made and how many individuals gain the opportunity to build wealth over time.  Homeownership has a significant impact, not only on the individual but also the community and economy at large.

    “Housing contributes to GDP in two basic ways: through private residential investment and consumption spending on housing services. Historically, residential investment has averaged roughly 5% of GDP, while housing services have averaged between 12 and 13%, for a combined 17 to 18% of GDP.” Read the full article here

    Source: National Association of Home Builders (NAHB)

    Comments (0)

    Comments have been closed for this post.
    Please contact us if you have any questions or comments.