Recovering Housing Market In Miami FL Driving Up Values

Online, November 14, 2013 (Newswire.com) - Homeowners in Miami Florida who found themselves underwater during the housing crisis are discovering that they may now have equity in their homes. This is a result of exceptional price increases in the last 6-8 months.

"This market has surprised some homeowners who simply stopped paying attention to all the bad news," says Ellen Mitchel, CDPE, RE/MAX Executive Realty. "Prices have gone up so quickly that many who used to be underwater are finding that their home is worth much more than they think."

Many homeowners in this situation had to resort to foreclosure, short sale (selling the home for less than what is owed on the mortgage), or other alternatives. "Today, these homeowners are finding that there are much more options available to them. In fact, the worst may even be over," Mitchel said.

As a Certified Distressed Property Expert® (CDPE), Ellen Mitchel is specially trained to help homeowners facing foreclosure understand their options, and to help them understand all the facts of their circumstances. "It's important that homeowners in distress understand that they're not alone. There are alternatives to foreclosure, and with recent equity gains, many may have a viable way out of a difficult situation," Mitchel said.

Ellen has developed a free report entitled "Surprising Home Prices" which is accessible from her website, EllenHelpsHomeowners.com.

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RE/MAX Executive Realty
1939 Hollywood Blvd
Hollywood FL 33020

Important Government Notice:

RE/MAX Executive Realty is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan.