Norfolk, Virginia Real Estate
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CONTACT INFORMATION
Frank Mangum![]() Frank Mangum Realty, Inc. 1224 Executive Blvd Suite 104 Chesapeake, Virginia 23320 Email: frank@mangumrealty.com Direct : 757-289-6933 Toll Free : 800-279-5552 Fax : 757-401-6931 |
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Norfolk, VA Real Estate Market - Price Range of Norfolk Houses for SaleLike many cities in the south, Norfolk has successfully melded the traditional with the new. There are over 100 unique neighborhoods in Norfolk—some historic and others on the cutting edge. In recent years there has been a wave of new development that has included plenty of housing. Everyone from first-time homeowners to those looking for upscale living should be able to find something in their price range in Norfolk. Single-family homes in Norfolk begin at less than $100,000 for those who are looking to rehab a property or are looking for an investment opportunity, while homes that overlook the water on Ocean View Avenue cost anywhere from $270,000 to $3 million. There are many historic Norfolk neighborhoods such as Berkley, Willoughby Spit and Ocean View, while the Downtown and Ghent areas have become trendy places to live thanks to massive revitalization.
Norfolk VA Real Estate for the week of August 30th, 2010: homes priced around $205,629 compared to $205,629 the previous week, to remain steady with no change in listing price. As of August 30th, 2010, the current number of listings in Norfolk VA are 756 listings. For Friday, September 3rd, the current national mortgage rate for a 30 year fixed mortgage is 4.33%; the 15 year fixed rate is at 3.85%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 5.48%, while the 15 year jumbo rate currently is at 5.02%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Norfolk VA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures in Norfolk, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes in Norfolk, Norfolk neighborhood information, crime stats, home values, and schools in Norfolk to help you find the best home! |
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