Last month, we told you about how recordation tax receipts were up, a good sign for housing. And last week, we learned that manufactured housing shipments were up in Virginia for the month in a while.
Well, today we got some more good news: recordation tax receipts continue to rise, with an 11.7% increase in in September, 2015 vs. September, 2014. For the current fiscal year, that leaves us 9.7% head vs. last fiscal year. What makes that more remarkable is that the fiscal year to date projection was for Virginia to be 8.1% down.
For more details on the September, 2015, revenue figures, please click here to read the release from the Governor’s Office.