The year 2015 has seen a robust housing market, which makes not only home sellers and real estate agents smile, but also local moving companies.
In 2015, Pittsburgh was named in the top 11 cities in the world for livability rates. As a result, Pittsburgh moving companies like All My Sons Moving & Storage have seen a spike in the amount of families and millennials moving to Pittsburgh.
According to moving companies across the nation, Pittsburgh movers are not the only ones noticing that the robust housing market is making the moving business boom. Moving companies throughout the state of Florida have gone on the record saying that business is good and that profits are so great, that they are able to open newer and larger facilities.
According to the June report from IBISWorld, a market research company, nearly $15 billion of the moving services industry is coming from rising home sales and housing starts. The report also said that the numbers are expected to continue to increase over the next five years.
So, All My Sons Moving & Storage of Pittsburgh can expect revenue to rise at the IBISWorld reported rate of 0.8 percent, including the 1.4 percent jump this year alone. What do those percentages look like in terms of dollar revenue for moving companies in the United States? The answer is $14.5 billion.
Professional moving companies are urging new homeowners who are taking advantage of the current market to do extensive research before hiring a local moving company. If you are moving to Pittsburgh, make sure that you receive at least three moving quotes from local movers and choose not based on lowest price, but off of licensing, insurance, and important legal documentation so that your move is secure.