Saturday, August 4, 2012

Less Home Sales in June

According to the National Association of Realtors' Pending Home Sales Index, the number of contracts signed to buy existing homes decreased in the month of June. Some say that's due to the smaller inventory of homes on the market, making it difficult for potential buyers to find what they're looking for. The local Jacksonville movers learned that there 1.4% less homes for sale in June compared to the previous month. However, the good news is that that number was up 9.5% compared to last year during the same time. Buyers are definitely interested to own, however less home listings, mean fewer contract signed. The inventory of houses on the market has been steadily declining, which is even more significant in the lower-priced homes learned the All My Sons of Jacksonville. Especially when it comes to first-time buyers and investors. Sales of new homes also declined in June, by 8.4%. The local Jacksonville moving specialists learned that a low inventory of homes is not the only thing that's affecting home sales. Even with historically-low mortgage rates, many potential buyers can't qualify for the mortgages because of credit.


Are you in the market for an existing home? Are you moving into a new residential area in and around Jacksonville, FL? If so, call the All My Sons of Jacksonville for professional moving services along with an affordable moving quote. You can expect excellent customer service, expert moving know-how and a stress-free moving day.

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