A Richmond Times Dispatch article posted on July 11, 2013 reports on the improving state of the housing market in central Virginia. In a joint statewide survey conducted by the Federal Reserve Bank of Richmond and the Virginia Association of Realtors, 71 percent of Realtors in the state noted significant improvements in the local housing market, especially in the first quarter of 2013, as against the same period last year. The article states that this is an encouraging jump of 14 percent from a similar survey the previous year. Meanwhile, on the consumer front, traffic is apparently driven by first-time home buyers. With increasing consumer confidence in the housing market, demand for residential real estate has led to a low inventory of available properties. Before you run out of choices, you might want to take out one of those convenient Virginia home loans courtesy of trusted mortgage specialists such as Churchill Mortgage Corporation.
http://virginia.churchillmortgage.com/industry-news/real-estate-market-is-looking-good-for-flexible-virginia-home-loans/
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