More remodeling, Less Moving

The local Jacksonville moving specialists found out that homeowners are still choosing to remodel their homes versus move into a new residence, with kitchen and bath remodels taking the top spot. According to the National Association of Home Builders, kitchen and bathrooms projects are up 17% compared to 2010. Fewer homeowners are saying they're remodeling because they want to increase the value of their home, it's mostly about not wanting to move. Over 60% of people taking on these projects hear more about repair and replacement of old parts of the house such as windows and doors. Over 50% of remodelers say that for their clients it's about upgraded amenities.

The local Jacksonville movers found out there are some trends surrounding these remodeling projects such as reworked spaces, more amenities in multi-family households, design efficiency and more. Seems like many potential sellers are still not confident in the real estate market of today and prefer to stay in and remodel than move out. If you're more interested in moving, don't forget to deal with a professional moving company that's reliable and affordable. When you're ready to move into a new neighborhood, make sure the All My Sons of Jacksonville team is by your side.

Foreclosures Still High in Florida

Even though Florida dominates the list of Top Turnaround Cities due to less homes for sales and higher home prices in general, the local Jacksonville moving specialists found out foreclosures are not over. The latest data shows that foreclosures still continue to be highest in the state of Florida. 8 out of 10 cities have the highest rate of serious loan delinquency and 9 out of 10 have the highest foreclosure rate. More specifically, Miami-Fort Lauderdale has an 18.9% foreclosure rate, Port St.Lucie has 16.7% and Orlando-Kissimmee has 15.6%.

The Center for Housing Policy, the Urban Institute and the Local Initiatives Support Corp. just reported that the serious delinquency rate increased from 9.2% (dating back to June 2011) to 9.7% (December 2011). These numbers affect the real estate market in 100 metro areas. The local Jacksonville moving specialists found out that these numbers are actualy down from 10.5% in December 2009. The foreclosure-Response.org says loans that the number of loans over three months past due is still stable, more specifically at 3.8%. Homes in foreclosure are still rising, with a 5.9% increase.

If you're purchasing a foreclosure, call the local Jacksonville moving specialists for professional moving services at an affordable price. We'll quilt pad wrap your furniture and safely transport all of your household items. Our reliable movers are part of the All My Sons moving team, with moving offices across the nation, so you have nothing to worry about.

Recovering Cities in Real Estate

According to Realtor.com's newest list of Top Turnaaround Cities, Miami is in second place. Phoenix is leading the pack. The city has taken a 60% drop in real estate values during the housing crisis. For a while, there have been more investors in the area and a decline in property inventory, which lead to higher price tags. Last quarter, Phoenix ranked second, with Miami right behind it. The local Jacksonville movers learned the average list price in Phoenix went up almost 27% and inventory declining just over 48%. AllMy Sons of Jacksonville is proud to say Florida is kind of dominating the list, with 11 towns including Jacksonville, Miami, Orlando, Naples, Fort Myers-Cape Coral, Lakeland-Winter Haven, Sarasota-Bradentown, Tampa-St. Petersburg, Punta Gorda, Fort Lauderdale and Daytona Beach. In fact, the only area not in Florida but still ranking in the top 10 of the Top Turnaround Cities list is Boise, Idaho. Some experts are saying that Florida is recovering due to a slowdown in the foreclosure process and a interest in more investors.

If you're in the market to buy a house and are looking to move into a new residence soon, call the local Jacksonville movers for professional moving services at a great price. We're backed by four generations of movers and a reliable network of All My Sons Moving and Storage movers across the nation.

Lowest Homeownership Rate in 15 Years

The local Jacksonville movers learned homeownership in America dropped to its lowest rate in the past 15 years. The percentage of Americans who own their homes fell a full percentage point over the year to 65.4% during the first three months of 2012. That's the lowest rate since 1997 according to the Census Bureau. Homeownership has fallen across the board, for all age groups, races and regions since the housing boom. Home foreclosures increased over the past six years with many homeowners becoming renters. The local Jacksonville moving specialists learned that even the rental vacancy rate fell 8.8% during the first quarter, down from 9.7% in the last quarter last year. Because of the higher demand, rent payments are also higher by 5.6% compared to last year...to an average of $721.On the home front, prices of residential properties are going down, with the latest average price for a home at $133,700.

If you're becoming a homeowner in the near future, consider the local Jacksonville movers to help you with professional moving services at an affordable price. We're part of the All My Sons Moving and Storage network, with moving offices across the U.S. in areas such as West Palm Beach, Atlanta, Birmingham, Oklahoma City and many more. Plus, we can help you score professional grade moving boxes as well as moving kits to make the entire residential move hassle-free.