Real Estate Predictions

Zillow, the mega real estate search engine, is reporting that home values will still drop this year, but not as much as they did in 2011. They foresee a 3.7% decline in home values, compared to 2011’s 4.7%. Zillow also predicts that our real estate market won’t hit bottom until 2013, with some markets doing better than others. The local Jacksonville movers learnt that 14 out of the 25 large metropolitan areas will do better. Washington D.C., Zillow predicts, will see a 1.3% increase in home value. Los Angeles, 1.2% increase. Phoenix, less than 1%, Riverside, California, 0.3% and Baltimore, 01%. Home values in Miami-Fort Lauderdale are expected to stay stable, with Pittsburg’s, San Francisco’s, San Diego’s and Dallas Fort-Worth’s dropping 1%. But Atlanta, Chicago, Seattle, Cleveland and Sacramento, California expected to have the biggest home values decreases.
If you’re home value has declined so much that you’ve had to go through the foreclosure process, rest assured that the local Jacksonville moving specialists can help you with professional moving services at an affordable price. We’ll quilt pad wrap your furniture and help you with assembling your household items in your new place so you can get settled fast. Call the All My sons of Jacksonville for stress-free moving services.