Linda Craft Commentary:
The Housing Market Shows Signs of a Healthy Recovery

Today, the US housing market shows key indicators of a healthy recovery, giving those looking to buy or sell a home in the greater Raleigh area, more options.

““If you look at the leading signs of a healthy market, they’re all back to normal levels or close to them,” said Linda Craft, CEO of Linda Craft & Team, REALTORS® & Certified Distressed Property Expert (CDPE). Home prices are up significantly, and inventory has balanced out to a tenable level of supply-and-demand, especially here in the Research Triangle area. Many homeowners who were underwater on their mortgages are not any longer. The number of foreclosures and short sales are returning to normal levels, as well.”

18.8 percent of US homeowners were underwater during the first quarter of 2014, down from 25.4 percent in 20131. Distressed home sales accounted for 9 percent of sales in July 2014, down from a peak of 36 percent in 20092.

As a Certified Distressed Property Expert® (CDPE), Linda Craft is specially trained to help distressed homeowners understand their situation and explore the options available to them. “Today’s market offers more options for homeowners than at any point since the housing market crashed. No matter what someone’s situation has been, it’s entirely possible that it’s much better today,” Craft said.

Linda Craft has provided a free report entitled “It’s Official, the Housing Market Is Back!” It is accessible from is accessible from her website, http://www.raleighrealestateforeclosures.com at: http://www.raleighrealestateforeclosures.com/Its-Official-Housing-Market-is-Back.aspx.

For more information about the CDPE Designation, visit www.CDPE.com.

About Linda Craft & Team, REALTORS®

Linda Craft & Team, REALTORS® is a Triangle-area based, local residential real estate firm whose team mission and focus is raving fan customer service to ensure a smooth sales process. The team is the NHL Carolina Hurricanes Corporate Real Estate Sponsor. More than 7,000 families have trusted Linda Craft & Team, REALTORS® with their largest asset, their homes.

For more information or to schedule an appointment with Linda Craft & Team, REALTORS®, please call 919-235-0007 or visit www.lindacraft.com

1 http://www.zillow.com/research/2014-q1-negative-equity-report-6937/
2 http://www.realtor.org/news-releases/2014/08/existing-home-sales-continue-to-climb-in-july

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