4 Reasons to Sell Your Fairbanks, Alaska Home Now

The real estate market has been making positive strides for some time, but the changes do also have some Alaskan homeowners considering "waiting it out." While that is understandable, there are a few factors to take into account that could impact your decision! Mortgage rates, for instance, are on the rise and are projected to be up one full percentage point by this time next year. If you've been mulling over a move, now may be the time to do so to come out ahead!

Mortgage rates
As I mentioned above, mortgage rates are increasing! This should raise a flag if you have a home to sell in Alaska as that means homebuyers are getting less for their money. It could also mean home prices will lower to balance out this rise in interest rates. Don't wait until next year to sell your Alaskan home when rates are pushing five percent.

Sell while you're ahead
For some homeowners in Fairbanks, Anchorage, Eagle River, Wasilla, North Pole, a return in equity is prompting dreams of moving to a new home again. Now is the time to sell and move on while you're ahead! Existing homes are selling faster than they have in years and with motivated buyers in the market—coupled with our expertise at Madden Real Estate—we can help you settle into your next dream home quickly!

You won't be priced out of the market
Selling your home in Alaska means you also have to purchase a new home. As a homebuyer without a property to sell, "waiting out" the market and mortgage rates increasing can mean great things in terms of lower home prices. However, as a home seller, it can mean you will pay much more for your next home. Don't risk being priced out of your dream neighborhood or home by waiting!

Your home will stand out
While this summer has been marked by motivated buyers and faster home sales, inventory is not as high as it once was. Homeowners in Fairbanks, Anchorage, Wasilla, Eagle River and North Pole who list now have a better chance of getting their home in front of the right buyers simply due to the lack of competition. Listing your home now with our team at Madden Real Estate will not only allow your home to stand out, but sell efficiently and at a price you are happy with!

If you have questions about selling your home in Alaska this year or are ready to get started, give us a call! We also have a Guaranteed Sales Program in place to ensure we sell your home— or we'll buy it!

We look forward to working with you!

Wes Madden, CEO
Madden Real Estate
(907) 452-3000

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