Linda Craft Commentary: Rising Home Prices Help Millions of Homeowners Regain Equity
Over the last few years, the United States real estate market improved significantly. The rising home prices helped 5.8 million homeowners regain equity at the end of 2014. The Greater-Triangle area is experiencing the same kind of growth. With equity recovered, many homeowners are taking advantage of the situation to sell their homes after being sidelined in the years following the housing market crash.
“Several factors, including fewer distressed property sales, high demand, and constrained inventory, drove the average home sale price up dramatically,” says Linda Craft, CEO of Linda Craft & Team, REALTORS® & Certified Distressed Property Expert (CDPE). “The rising prices restored equity to millions, and many are using that equity to sell their homes after years of waiting. We see these same trends in the greater Raleigh, Durham, Chapel Hill marketplace and communities like Cary and Wake Forest as well.”
“The market conditions continue to favor sellers, and people are often shocked to find out just how much their homes are worth. If you are considering selling, now may be a great time,” said Craft.
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. “No matter what your situation has been, chances are it has changed. The rebound of the housing market is providing homeowners with more options than any other time since the housing crisis hit,” Craft said.
Linda Craft has provided a free report entitled “The Great Home Equity Resurgence”. It is accessible from is accessible from her website, http://www.raleighrealestateforeclosures.com at: http://www.raleighrealestateforeclosures.com/The-Great-Home-Equity-Resurgence.aspx.
For more information about the CDPE Designation, visit www.CDPE.com.
About Linda Craft & Team, REALTORS®
Linda Craft & Team, REALTORS® is a locally owned residential real estate firm who has served Triangle homeowners for 30 years. The team mission and focus is market knowledge plus raving fan customer service to ensure a smooth sales process. The team is the NHL Carolina Hurricanes Corporate Real Estate Partner, Raleigh Athena Powerlink and American Red Cross sponsor.
For more information or to schedule an appointment with Linda Craft & Team, REALTORS®, please call 919-235-0007 or visit www.lindacraft.com.