CHARLOTTESVILLE, VA (CVILLE RIGHT NOW) – Virginia is celebrating a major accolade as CNBC named it the number one state for business.

The recognition is expected to have a significant impact on the real estate market. “Maybe it can help us be the number one state for real estate, which is a major part of business,” said Michael Guthrie. The positive ranking is anticipated to attract both people and employers to vibrant communities like Charlottesville, contributing to the real estate market.

As Virginia continues to garner national recognition for its business-friendly environment and top-tier education system, the ripple effects on the real estate market are expected to be profound. This accolade enhances the state’s reputation and sets the stage for sustained growth and development in Charlottesville and beyond.

Listen to the full conversation here: