Home Sales

According to the National Association of Realtors, 4.3% more from the month of July of home buyers contracted to purchase a home and up 5.2% from the month of June. However after the homebuyer tax credit expiring in April home sales decreased in May by 30%, followed by another 2.6% decrease in June. August 2010 compared to August 2009 was 20.1% lower in pending home sales. Even with low home prices and historically low mortgage interest rates, people still need to work in order to afford a home. So the real estate recovery still depends a lot of job creation and unemployment rate, as well as consumer confidence. Some are saying that people would buy more homes if they felt that this was their last time to buy at a great bargain. Some say with higher mortgage interest rates hitting the market, this fear can be created.
Are you on the fence about buying a home? Do you wonder if this is the right time to buy? Whatever you decide, make sure you call the Jacksonville movers to help you on moving day. With such professional residential moving services and an amazing reputation, you’ll be glad you did.