Sure real estate is not exactly at its prime, but land is still being bought and buildings are going up. Real estate is expensive in downtown Seoul Korea where construction on the Yongsan Landmark Tower started last year. The building, the local Jacksonville movers, is expected to cost a record-braking $3.43 million. The Mandalay Bay Resort and Casino in Las Vegas also joins this list of expensive buildings, costing a whopping $950 million to build. The Bank of China in Central Hong Kong cost $1 billion to put up, Shanghai World Financial Center cost $1.2 billion and the Yankee Stadium in New York City cost $1.5 billion. Dubai, the local Jacksonville movers learned, has some of the most expensive real estate in the world. Its Palm Island is widely popular with major commercial and residential infrastructures, not to mention leisure and entertainment centers. Dubai's Burj Khalifa building cost $1.5 billion to complete.
Are you moving into an expensive building? Do you need professional movers to help you with every detail of your residential move? Call the local Jacksonville moving specialists for a hassle-free moving day!
Saturday, July 28, 2012
Saturday, July 21, 2012
Painting 101
Need to revamp certain rooms around the house, but don't want to spend too much money? The local Jacksonville movers say painting can solve the problem. It's easy enough that you can do it yourself and don't have to hire anyone. Plus, color can really change the mood of each room. First you have to make sure you have a smooth surface. So make sure you remove all the light fixtures, doorknobs, art, photos and even light switch that are in the way. You'll want to repair any hole that's in the wall before you start, so use spackle or sand them smooth. If there's old paint peeling, that should also be sanded off. The All My Sons of Jacksonville suggest you clean the walls before you apply new paint. Grab a bucket and a sponge and wash down the surfaces. A cleaner wall will make the paint adhere better resulting in a long-lasting finish so don't overlook that step. Then, use painter's tape to mask around the doors, windows, trims and others areas you don't want to paint over.
Figure out what type of paint you'd like to use. Latex paint is better than oil-based paint for indoor projects. The local Jacksonville moving specialists remind you to choose quality paint brushes so that you don't lose any bristles while your painting and avoid fibers from sticking to your wall. the only thing that should stick is the paint. Being strategic is always a good idea, paint cut-in areas first because you'll have to apply yourself more. These areas include baseboards, corners around doors or windows, then attack the large wall surfaces by using even strokes. The All My Sons of Jacksonville suggest you apply the same pressure, keeping the roller in one direction.
Happy painting!
Figure out what type of paint you'd like to use. Latex paint is better than oil-based paint for indoor projects. The local Jacksonville moving specialists remind you to choose quality paint brushes so that you don't lose any bristles while your painting and avoid fibers from sticking to your wall. the only thing that should stick is the paint. Being strategic is always a good idea, paint cut-in areas first because you'll have to apply yourself more. These areas include baseboards, corners around doors or windows, then attack the large wall surfaces by using even strokes. The All My Sons of Jacksonville suggest you apply the same pressure, keeping the roller in one direction.
Happy painting!
Saturday, July 14, 2012
Foreclosures Increase Again
According to foreclosure listing firm RealtyTrac, the number of U.S. homes entering the foreclosure process for the first time increased for the second consecutive month (in June) this year. The local Jacksonville moving specialists learned that California had a big hike in foreclosure starts, increasing 18% versus last year in June. This rise in foreclosure is happening as the banks are recovering from the robo-signing incidents and after they've reached $25 billion settlement. So now, all of the backlogged unpaid mortgages are floating to the surface. Lenders initiated foreclosure on 12% of the loans behind payment in June, which the All My Sons of Jacksonville moving team learned was the highest number since the first 6 months of 2009. Most likely, these people that are getting foreclosed on haven't been making their monthly payments for about a year and are just now starting the process. So this kind of new inventory doesn't really represent new homeowners in distress. The spike in foreclosures might mean more short sales are also underway as well.
The local Jacksonville movers learned that in the second quarter took about 378 days for a home to complete the foreclosure process, where the bank took over the property. Short sales took about 319 days to sell. According to the Mortgage Bankers Association, there are 3 million U.S. homes behind their mortgages and an additional 629,000 homes were on banks' books but not sold yet. The local Jacksonville movers learned that that's a 15-month supply at current pace of sales. 13 million home loans are underwater which means they're also at a risk of going through the foreclosure process.
The local Jacksonville movers learned that in the second quarter took about 378 days for a home to complete the foreclosure process, where the bank took over the property. Short sales took about 319 days to sell. According to the Mortgage Bankers Association, there are 3 million U.S. homes behind their mortgages and an additional 629,000 homes were on banks' books but not sold yet. The local Jacksonville movers learned that that's a 15-month supply at current pace of sales. 13 million home loans are underwater which means they're also at a risk of going through the foreclosure process.
Saturday, July 7, 2012
Cities Grow Faster Than Suburbs
The local Jacksonville movers learned that for the first time since the 1920s, cities in America are growing faster than their surrounding suburbs. According to new reports by the U.S. Census Bureau and analyzed by the Brookings Institution, urban areas grew faster than suburbs in 27 of the 51 largest U.S. cities between 2010 and 2011. This is a big change since the 20s where more and more people were buying cars. The cities that are showing the most growth include New Orleans, Atlanta, Denver, Charlotte, New York, Philadelphia, Ohio and Kansas City, MO. The All My Sons of Jacksonville learned that empty nesters and young people are choosing the cities over the suburbs sometimes for economic reasons, such as having to rent versus buying a home. Sometimes, it's more about lifestyle. People want to be next to cultural amenities, cafes and restaurants, even public transportation. Dallas however is one city that has the reverse trend. The suburban lifestyle is outgrowing residential moves to the city. People in Dallas seem to gravitate more towards the community life of the suburbs especially when newlyweds add children to the mix.
What do you think the situation is with Jacksonville, FL? Are the suburbs growing faster or the cities?
What do you think the situation is with Jacksonville, FL? Are the suburbs growing faster or the cities?
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