Virginia Beach, Virginia - Real Estate
Virginia Beach is located on the coast of Chesapeake Bay, in the U.S. state of Virginia. It has a population of 447,000, making it the largest independent city in the state, and 39th largest in the U.S.
Real estate prices in the area have seen huge increases in the past few years, with growth of 31.5% in 2005 alone, bringing the median cost of a single family home to $220,500.
This is slightly higher than the national average, making Virginia Beach a relatively difficult market to buy into, especially for first time homeowners and low income reitrees. There are still some good deals available, however, through the use of foreclosed property listings and other discount realty opportunities.
To find foreclosures and rock-bottom real estate bargains in Virginia Beach, Virginia and other cities across America, please click here.