In recent years, the Triangle-area housing market recovered significantly. Home sale prices nationally rose by 35 percent from 2012 to the beginning of 2015, restoring equity to millions of homeowners. At the same time, interest rates remained near historic lows. These conditions created unique opportunities for those looking to buy or sell a home.
“Today provides amazing opportunities in the Raleigh area for both buyers and sellers. An improving economy and low mortgage interest rates are attracting buyers to the market. However, there the number of home for sale hasn’t kept pace with the demand, giving sellers a lot of bargaining power,” says Linda Craft, CEO of Linda Craft & Team, REALTORS® & Certified Distressed Property Expert (CDPE). “However, while housing affordability is strong now, both home prices and mortgage rates are expected to increase as the year goes on, and buyers will be able to get less for their money. Inventory is also increasing as the market continues to balance. So if you are considering buying or selling a home, you should explore your options sooner rather than later.”
As a Certified Distressed Property Expert® (CDPE), Linda Craft is committed to providing the most up-to-date information. “No matter what your situation has been over the last few years, chances are it’s changed. Many homeowners are shocked to learn how much equity they’ve gained back in their homes,” Craft said.
Linda Craft has provided a free report entitled “The Goldilocks Housing Market”. It is accessible from is accessible from her website, http://www.raleighrealestateforeclosures.com at: http://www.raleighrealestateforeclosures.com/The-Goldilocks-Housing-Market.aspx
For more information about the CDPE Designation, visit www.CDPE.com.
Contact: Linda Craft