The Housing Market Shows Signs Of a Healthy Market

Miami, Florida, January 22, 2015 (Newswire.com) - Ellen Mitchel, CDPE, RE/MAX Executive Realty explains, “If you look at the leading signs of a healthy market, they’re all back to normal levels or close to them. Home prices are up significantly, and inventory has balanced out to a tenable level of supply-and-demand. 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 2013.

Distressed home sales accounted for 9 percent of sales in July 2014, down from a peak of 36 percent in 2009.

As a Certified Distressed Property Expert® (CDPE), Ellen Mitchel 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,” Mitchel said.

Ellen has provided a free report entitled “It’s Official, the Housing Market Is Back!” which is accessible from her website, EllenHelpsHomeowners.com.

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RE/MAX Executive Realty
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Hollywood FL 33020

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