CNBC released its ranking of best states for business, placing Virginia second. The Commonwealth topped the list 2009 and 2007, the first year of the network's ranking.

Virginia's still first on Forbes magazine's list of best states for business -- and has been for the past four years.

Virginia's favorable business environment is paying dividends in this economy, to the benefit of its residents. The real estate market is expected to rebound as the economy improves.

Read more in The Washington Post....