Sunday, May 13, 2012

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.

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