Existing Home Sales Go Up

According to the National Association of Realtors, existing homes sales went up in November. The local Jacksonville movers learned that about 5.04 million existing homes would be sold in 2012. The number represents a significant increase of 14.5% compared to last year. The Jacksonville moving specialists also learned that the average price went up 10.1% from a year ago to $186,600. The month of November has been really good for the real estate industry, marking the ninth month of year-over-year price increases. The All My Sons of Jacksonville figure since there have been more jobs out there, a decrease in the unemployment rate and rising rents, home purchases have been more popular. The inventory of homes is still dropping which is also contributing to the higher price tags of homes. In November, the local Jacksonville movers learned only 2.03 million homes were listed on the market. That's just enough to last 4.8 months instead of the healthy-balanced one of 6 months. All My Sons of Jacksonville learned that September 2005 was the last time the supply was lower. 

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