The amount of homes repossessed throughout the nation dropped in March, according to data collected and shared by the real estate data firm RealtyTrac, Inc. The comparison was drawn from March 2013 and March 2012, where the national rate dropped 21 percent. Additionally, the March 2013 figures were a 3 percent drop from February 2013. The Kansas City movers have found that the amount of homes repossessed for March 2013 is the lowest amount sine September 2007.

Steady job growth, continued low mortgage rates, and demand for homes have all been contributing factors to the continued strength of the local real estate market, as well as the national market. On average, homes filing for foreclosure are becoming less common because the amount of inventory left from the foreclosure crisis is drying up. We’ll keep you posted as we learn more about what’s to come for the Kansas City real estate market and beyond.