It’s just about unanimous: Virtually every economist agrees that the country’s housing funk won’t be done until employment levels return to normal.
That’s one reason why VAR is encouraged to see Governor McDonnell’s focus on job creation during his first months in office. The Governor recently announced that more than 50 economic development deals have been closed since he took office, creating more than 3100 jobs in the state. As part of this jobs effort, McDonnell has created an Economic Development and Jobs Creation Commission.
Former VAR President Joe Funkhouser of Coldwell Banker Funkhouser in Harrisonburg was appointed to that commission, ensuring the voice of real estate is heard.
Meeting for the first time on Wednesday, May 5th, the Commission, according to the Governor, “will be identifying new ideas and initiatives to make the Commonwealth even more competitive in the global marketplace.” Moreover, Lt. Governor Bill Bolling adds that “the primary goal of this Commission will be to assist us in evaluating our current approach to economic development and job creation and determine what we can do to strengthen Virginia’s competitive advantage.”
Prior to Governor McDonnell’s election (when he was endorsed by RPAC of Virginia), he had pledged to support the real estate industry; Joe Funkhouser’s involvement on this committee serves as proof of the Governor’s commitment to give Realtors® a seat at the table.