Norfolk

Norfolk is an independent city in the U.S. commonwealth of Virginia. It had a population of 238,005 at the 2020 census, making it the third-most populous city in Virginia and 100th-most populous city in the United States. The city holds a strategic position as the historical, urban, financial, and cultural center of the Hampton Roads metropolitan area, which has more than 1.8 million inhabitants and is the 37th-largest metropolitan area in the U.S.Wikipedia

The Southeast has become the most active real estate market in the United States. Charlotte, Raleigh, Atlanta, and Nashville's broader metro have all absorbed sustained in-migration driven by warmer weather, relatively lower housing costs than comparable Sun Belt metros, and — in Florida and Tennessee — no state income tax. The Research Triangle between Raleigh, Durham, and Chapel Hill has emerged as a genuine rival to established tech corridors, anchored by Duke, UNC, and NC State.

The region's rapid growth has created real affordability pressure in cities that were bargains a decade ago. Asheville, Savannah, and coastal Florida markets have seen sharp appreciation, narrowing the cost advantage that drew transplants in the first place. Coastal areas across the Southeast also carry increasing flood and hurricane insurance costs as storm frequency and severity trends upward. Long, hot, and humid summers are a material lifestyle consideration — June through September in much of the region is genuinely intense.