Richmond, Virginia - Real Estate
Richmond is the capital city of the U.S. Commonwealth of Virginia. It has a local population of 192,494, according to a 2004 estimate, and a total of 1,126,262 residents, including all suburbs.
Property prices in Richmond have increased significantly in the past couple of years, with the median cost of a single family dwelling rising to $214,500, or slightly above the national average.
This is realisitic for some well established buyers, but still represents a big stretch to first time homeowners or low income families. It is still possible, however, to find some good deals in the Richmond area by looking at local foreclosure listings and other discount properties.
To find foreclosures and rock-bottom real estate bargains in Richmond, Virginia and other cities across America, please click here.