Virginia Real Estate

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Virginia lies on the southern coast of the US and is one of the most historic US states. Know for its rich cultural heritage and fantastic climate, Virginia has fast become an attractive place to live in. The state of Virginia is further divided into independent cities (which are clubbed together to form counties for convenience only as the concept of counties was dissolved by a constitutional change in 1871). According to a Survey conducted by the US government in 2004, Virginia had a PCI (per capita income) of $35,477. Forbes magazine recently voted Virginia as having the “best climate for business” and in 2007 CNBC ranked Virginia as the best state to conduct business.
Virginia has one of the highest standards of living in the US and is fast becoming a realtor’s dream. Virginia boasts of offering employment and business opportunities in various fields and there is something for everyone when it comes to business and employment. With 7 fortune 500 companies located in Richmond, Richmond is one of the most prosperous cities in the US. Richmond has become a popular real estate hot spot and people from all over the US are relocating to Richmond.
Also known as Richmond-Petersburg, Richmond has a fantastic selection of homes, apartments and luxury suites on offer. The city of Richmond is famous for its fantastic housing options and there are numerous apartments, suites and condos to choose from. Located on the James River, Richmond city is well known for apartments that are located close to the James River fall line. Since, Richmond’s economy is based on banking and government sectors, there is a high demand for rentals and a major portion of Richmond’s real estate involves renting and letting of apartments.
Richmond has an architecturally diverse and economically sound background, which has steadily attracted people from all over the US. In fact, Virginia has one of the lowest crime rates in the US and is considered one of the safest states in the US. Colonial Heights is another city that offers a fantastic blend of historical architecture and modern day design. Apart from Richmond and Colonial Heights, there are other cities like Hopewell that have also become popular with buyers.
Hopewell is a city well known for its colonial architecture; newer condos in Hopewell are a combination of brick and wood and are designed to conform to age old architectural styles. Places like Anchor Point offer fantastic condominiums that are modelled on colonial style architecture; these condominiums have state of the art security systems, underground parking and on-site concierge. Sites like Anchor Point are fast becoming exclusive housing zones, similar exclusive and state of the art condos are coming up all over Virginia.
Cities like Richmond, Colonial Heights and Hopewell are becoming popular cities to relocate to. Like most cities and counties in Virginia, these cities offer a well developed education system, appreciation in property values and a modern healthcare and transportation system. Most cities are a rich blend of more than one architectural style.
Alexandria is another Virginia City that is popular with realtors and home owners. Alexandria has a well developed real estate system, and the city council holds numerous workshops and programmes to enable people with low and moderate income to become home owners in Alexandria. Alexandria has housing for people from all walks of life, and the number of people that are relocating to Alexandria is on the rise. Alexandria is also one of the few cities in the US that actually helps physically challenged home owners make improvements to their homes. In essence, Alexandria is facilitating and encouraging people to relocate to Alexandria, more importantly Alexandria is catering to a wide range of income groups. No wonder Alexandria is fast becoming a realtor’s dream come true.
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