In Richmond, capital of the Commonwealth of Virginia, home prices have maintained a steady increase of about 3% annually over the past few years. Analysts attribute this to the city's low unemployment rate and ongoing job stability in government, education, finance and manufacturing positions. The Richmond Region is made up of the city itself plus four counties: Chesterfield, Hanover, Henrico and New Kent. Each offers a mix of housing opportunities, from cottages and condos to residential, single-family homes and stunning mansions.
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Rising from the ashes of the Civil War, Richmond literally had to rebuild from the ground up. Most noted for having been the capital of the Confederacy, the city celebrates a heritage of more than 400 years. This was where Patrick Henry delivered his "Give me liberty or give me death" speech as support for the American Revolution gained speed, and this is where, in 1990, Douglas Wilder, Virginia's first African-American governor, took office. Today, the City of Richmond hums with energy, embracing a diversity of people, neighborhoods, businesses and activities. You can immerse yourself in its history through world-class museums, embark upon an up-scale shopping expedition, take in the ballet or a minor league baseball game and wrack your brain trying to choose from among a wide variety of scrumptious dining options.
The city is made up of four districts: the North Side, South Side, East End, and West End, each of which is made up of an abundance of individual neighborhoods. The North Side of town is home to several of the city's historic districts. The South Side is a conglomerate of wealthy and middle class neighborhoods that coexist with more impoverished areas. The West End is known for its affluence, and the East End is known for its rapidly gentrifying neighborhoods. Given all of these details, it should be clear that Richmond truly has something for everyone. Between its diversity of neighborhoods, its local cultural and arts attractions, its robust economy, it's hard to imagine finding a better place to purchase your next home. But if renting is more what you're looking at these days, then use ForRent.com to Find Richmond VA Apartments with everything you need, today.