Home prices in New Port Richey have increased as well, giving equity back to homeowners who during the housing market crash found themselves underwater on their mortgages. However, many homeowners have yet to realize the extent to which prices have improved.
“The rate at which home prices have increased this year is remarkable,”
Many factors are driving home prices up, such as more people wanting to buy homes, inventory constraint, and fewer distressed properties on the market.
“Today, more people than ever are looking to buy a home, but there aren’t enough homes on the market,” Nadler said. “This is letting homeowners looking to sell ask more and more for their homes. Today’s market is really a seller’s market.”
As a Certified Distressed Property Expert® (CDPE), Jason Nadler is specially trained to help distressed homeowners understand their options. “Struggling homeowners need to know they’re not alone and that the recent upturn in the market is providing many with paths out of a difficult situations,”
Jason Nadler has provided a free report entitled “Underwater Homes Reach the Surface” which is accessible from his website, http://www.selectbayareahomes.com.