The National Association of Realtors have reason to celebrate as the number of contracts signed by new-home-buyers in the U.S. is at its highest point in over a year and a half! Slowly but surely, the real estate market is showing hope for a nearby recovery, which moving companies nationwide are surely celebrating for obvious reason. The pending home-purchase index has risen nearly 8% from October until now and is about 6% higher than November of 2010. The housing market hasn’t seen numbers this healthy since April last year when a soon-to-expire tax credit stimulated potential buyers. Though the spike in pending contracts does give movers and realtors reason to rejoice, pending contracts are not final, and the National Association of Realtors has also noticed a higher-than-normal percentage of failed contracts as well. Recovery hasn’t fully set in, but it is believed that many of the newer contracts are a result of buyers who have recommitted to previously-voided contracts after repairing the financial issues that caused initial cancelations. Your moving and storage professionals are confident that the housing market will resurface soon, and we can’t wait!