Jacksonville, FL has seen some hard times over the last decade or so. But, those times may be turning around in a big way. Two of the more important indicators that things are getting better for the area are that job growth is being sustained and housing in the area remains within the affordability index. Also, population growth is being noticed as an additional indicator; the idea being people want to live in areas that are doing well.In a recent article, we read about some interesting insights into the Jacksonville, FL area and the State of Florida in general:When housing is affordable, more people buy homes and more people decide to sell their existing homes while the market is hot. In both cases, homeowners want to add value to their property and one of doing that is with new hardwood floors. In fact, dollar-for-dollar, hardwood floors pay off faster than most other home improvements. Moreover, hardwood flooring is an affordable way to add equity to the home without having to exceed the homeowner's budget.
“New communities throughout Northeast Florida draw families, professionals and retirees. Existing communities and historic districts are attracting a new audience with renovations and infill construction. It all points to a steady comeback from the economic downturn that slowed growth for a few years. Home values are on the rise with the five-county average of $171,660 outpacing the state average of $160,200, and an increase of 5.5 percent.”
Source: <a href="http://jacksonville.com/community/2016-02-11/story/jacksonville-ranked-high-housing-affordability">Jacksonville ranks high in housing affordability</a> by Staff.
Another benefit to having new hardwood floors installed into a home is that there are more options for new hardwood flooring today than ever before. Consumers can choose from solid hardwood flooring, or they can select from a huge array of engineered hardwood flooring, available in virtually any domestic or exotic wood species one can think of.
No matter how one looks at it, a better housing market is good news for everyone, and especially for those who want to buy their first home, or those who already own a home, but want to add value to it by installing new hardwood floors.
To learn more about hardwood floors and how they can add value and beauty to your home, visit with us at our About Floors n’ More showroom. We can show you a great selection of hardwood flooring, all priced right.