The US housing market has made a rapid and dramatic recovery from the crash that occurred in 2008. As the economy and housing market continue to improve, demand and prices continue to increase as well. Many homeowners in the Triangle-area are surprised to learn about the demand for homes.
“Typically, a 6 month supply of homes represents a balance between buyers and sellers. However, buyer activity continues to increase faster than housing inventory increases. Consequently, home buyers are still competing over properties in many markets,” says Linda Craft, CEO of Linda Craft & Team, REALTORS® & Certified Distressed Property Expert (CDPE). “This places sellers in a great position in today’s market.”
“During the housing crash and recession that followed, many Raleigh-area homeowners found themselves in danger of losing their home to foreclosure. Today, those homeowners who have weathered the market are in a much better position. With equity increased so significantly, many are able to sell their homes, avoiding a foreclosure or even short sale,” said Craft.
As a Certified Distressed Property Expert® (CDPE), Linda Craft is specially trained to help distressed homeowners understand their options and to help them understand all the facts of their circumstances. “It’s important that homeowners understand that the market has improved dramatically, and that they have more options today than at any other time in recent history,” Craft said.
Linda Craft has provided a free report entitled “Return of the Housing Market”. It is accessible from is accessible from her website, http://www.raleighrealestateforeclosures.com at: http://www.raleighrealestateforeclosures.com/The-Return-of-the-Housing-Market.aspx
For more information about the CDPE Designation, visit www.CDPE.com.
Contact: Linda Craft