The real estate market has recently seen a series of welcome changes that could greatly help Alaskan homebuyers purchase their dream home in Fairbanks, Anchorage, Eagle River, Palmer or North Pole this fall. Mortgage rates dipped to their lowest levels in over a year, thus making homes more affordable for Alaskan buyers, and existing home sales have reached their highest annual pace! Not only are buyers confident in their ability to purchase a home, but in their ability to purchase one at a great price.Â
However, the common question facing homebuyers in Alaska is not always if they should buy a home, but when they should buy a home. Prospective homebuyers are constantly trying to "time"...
It seems like fall only just started, but we're now already nearing the end of October! The winter months will be upon us before you know it and preparing your homes in Fairbanks, Eagle River, Anchorage and Palmer Alaska now will keep you from tackling tiresome projects in the cold. If you haven't already, this fall is the time to cross items like checking the furnace and storing garden hoses off of your list. You can also use the following as a checklist to ensure you'll be able to enjoy the busy holiday season in beautiful Alaska without a homeowner hassle.
The Exterior
You'll want to take care of the exterior of your Alaskan home before the mercury takes a tumble, especially your yard and roof. Any damage or debris that is present now can present many problems if left unattended and covered in snow or ice.Â
Home sellers in Fairbanks, Anchorage, Eagle River, Palmer and North Pole this year will begin to think about the special aspects of their home that will set it apart from others in the Alaskan real estate market. Is it the number of bedrooms, the square footage or the prime location that will bring the homebuyers to the front door? Not this fall! The "Special Function" room is back in demand for Alaskan homebuyers— meaning if you have an outdoor living space, home office, mudroom or media room, your home could bring more traffic than others.
For some time, special function rooms had disappeared from Alaskan properties, especially newly-built homes when the market was headed downwards. But now that both homebuyers and ...
For the first time in eight years, consumers have a positive outlook on the real estate market and feel confident it is headed in the right direction.Â
The findings are a result of a new Gallup poll that previously pegged Americans losing hope in the market from 2003 to 2008. During that time, home prices had begun falling rapidly and homeowners were losing value. However, the overall view of real estate has since made a sharp turn from these low points and suggests both homebuyers and home sellers are expecting a bright recovery.
We have just stepped out of the busy summer buying season, but fall can be just as lucrative a time in the local Alaskan real estate market. Below are a few of the reasons this...
Sometimes the decision to sell your home in Fairbanks or Anchorage has nothing to do with the mortgage rates or the real estate market at all. For many home sellers in Alaska, deciding to sell can simply be because the home isn't doing it for you anymore. Whether that means the home needs repair after repair, you've outgrown it, or the upkeep is just too much— the team at Madden Real Estate is your go-to for getting out of a home you loathe and into a home you love.
Not only do we have a custom marketing plan, but a Guaranteed Sales Program that ensures a successful home sale— or we'll buy the house from you! If you've been feeling the separation from your current Alaskan home,...