Virginia Mortgage Rates
Virginia's real estate market offers buyers a garden variety of housing choices. Some of the most popular real estate markets in Virginia are Norfolk, Virginia Beach, Richmond, Arlington, Chesapeake and all of Fairfax County, and Northern Virginia. Among the cities experiencing and expected to continue netting appreciation are Richmond, Winchester, and Norfolk. Some of Virginia's lowest-cost housing can be found in Winchester, considered one of the state's most vibrant markets. As the price for real estate falls in Virginia, the volume of home sales in areas such as Hampton Roads is expected to increase. One of the state's booming housing markets is in eastern Augusta, which boasts the lowest median mortgage costs in the Shenandoah Valley. The real estate market in Staunton, Augusta and Waynesboro continues to show robust growth. Fueling the Shenandoah Valley's growth is an influx of retirees as well as working class transplants who view Augusta County's properties as bargains. Housing demand in this area is not expected to wane. Quite the contrary, a high volume of sales and higher home prices are in the horizon, particularly since home mortgage rates remain low in the area. Residents and investors are choosing the Valley for its high quality of life and affordable real estate. Finally, residents who commute to Washington, D.C. are feeding Alexandria's real estate market.