Home Sales Highest in Two YearsAccording to the National Association of Realtors, the number of home sales that are in the process of being sold is at its highest in two years. The numbers of home sales that closed reached its best first quarter in 2012 since the real estate bubble burst. The local Salt Lake City moving specialists learned that the NAR's Home Sales index went up 4.1% to 101.4 in March 2012, this from 97.4 in February. This NAR index measures home purchase contracts and predicts home sale closings. This 101.4 figure is up 12.8% from March last year. The All My Sons of Salt Lake City learned home pending sales are at their highest number since 2010, driving up the stock market this month.
It looks like housing is getting better, with economists at NAR saying that this year has seen the best first quarter for home sales in the past five years. There's less inventory and more balance in real estate. The local Salt Lake City movers learned that 4 million people lost their home to foreclosure during the housing crisis and people in the industry say that number is going to increase. At least 1 in 5 homeowners owe more than their home is worth. The real estate market really took a hit several years ago, making a lot of people regret their decisions to buy and become homeowners, however the tide is slowly turning, with more eager buyers trying to land that perfect home bargain.
If you recently bought a place in the Salt Lake City area, call the local Salt Lake City movers for professional moving services at an affordable price. You can even get your moving quote online and in a few simple steps. Our reliable movers will quilt pad wrap your furniture and take care of every detail, even help you assemble some of your household items. The Salt Lake City moving specialists are part of the All My Sons Moving network which has moving offices in plenty of locations across America including Atlanta, Birmingham, Oklahoma City, Jacksonville, West Palm Beach and so many more. This Salt Lake City moving company is backed by four generations of movers and has experience in commercial moving as well, so you have nothing to worry about.