With the influx of business investment into West Virginia, there is both excitement and a recognized need for housing to meet current and future demand. A renewed focus on economic development by the state of West Virginia has been successful in attracting new and varied corporate investment that will result in new jobs across the state.
While there is no question that this is beneficial for the state, it does place additional pressure on the current housing market. As it currently stands, there is a housing shortage. This issue will only be exacerbated as new employment opportunities bring additional residents to West Virginia. Ultimately, the current climate presents a significant opportunity for residential developers and investors.
Beginning today, you can learn more about the situation and opportunities available by attending the West Virgnia Housing Conference. Further, I will be speaking on Thursday, Sept. 26 from 2:45 - 3:45 p.m. regarding the historic Prichard Hotel Redevelopment.
For more information, please use the following link: 2024 West Virginia Housing Conference (wvhousingconference.com).