I don't know about the rest of Virginia, but the market here in Charlottesville seems to be picking up a little bit of steam.  The number of contracts coming into my office has shown a surprising increase in February and March is showing promise.

Buyers seem to be getting off of the fence with the low interest rates and more sellers pricing their homes properly.  In the Charlottesville, Virginia area now is the time for buyers to stop watching the national news and jump over that fence.  With interest rates in the 4% range they should take the plunge.

It is definitely a buyers market.