While we are only days into the new season, this spring is already projected as a stand-out period for first-time buyers to enter the real estate market. Mortgage rates are still historically low, home prices are rising in addition to rents and first-timers are ready to invest into something of their very own in Alaska.
But when you are new to purchasing a home, you can overlook the many ways you can potentially save money in the process. Keep the following in mind as you house hunt this spring and as always, do not hesitate to reach out to our experts at Madden Real Estate with any questions!
Look past cosmetic issues
Many first-time buyers in ...
Fall is an excellent time of year to consider selling your home in Anchorage, Fairbanks, Eagle River, Palmer, North Pole, Wasilla and the surrounding areas! And a major part of your home sale success? Staging!
Staging allows your home's best features to shine through, sparking buyer interest, and bringing you the offers you've been dreaming about. It's essential to stage rooms in your Alaskan home like the kitchen, living spaces and bedrooms, but what about the basement? If your Alaskan property boasts a large basement, you will certainly want to show it off with the following tips!
Organize the space
The process of buying and selling a home in Alaska can be overwhelming, no matter how many times you've been through it. Along the way, questions will need to be answered, contracts will need to be signed, and mortgage terms and conditions will need to be discussed— that's where a real estate agent comes in! Madden Real Estate makes sure the process is as easy as possible for you and will handle everything from home search to home closing and everything in between.
Before you decide to go it alone this year, consider these four reasons to work with a real estate agent:
We handle the paperwork
Whether you're buying a home in ...
The beginning of spring marked a spike in Alaskan homebuyer confidence with many ready and willing to make a move to a new home in Fairbanks or Anchorage. But now as we get ready to head into summer, it seems home sellers are feeling just as confident. As you prepare to sell your Alaskan homes this year, take note of these costly seller mistakes that could spoil your excitement for your next dream home in Alaska.
Don't Choose the Wrong Realtor
One of the first steps you will take in selling your home in Alaska is choosing a real estate agent. It may be tempting to choose the one your friend recommends, but take the time to research. Madden Real Estate is happy to help answer any questions you may have about the Alaskan real estate market and can be just the team you need to sell your home and find you the next one...
If you're planning to list your home in Fairbanks or Anchorage or have recently done so, you're probably familiar with what features of the home you are marketing to potential homebuyers. For instance, the number of bedrooms and bathrooms, garage, price, and much more. But there are likely a few aspects of your home you are not highlighting— and some that Alaskan homebuyers are looking for! Below are a few of those features that homebuyers want to see, but sellers are overlooking. When you play up these features, that could mean more buyer traffic and a home sale for you!
Right now, storage is a big factor for buyers on the search for Fairbanks and Anchorage real estate. It may be one of the reasons you've decided to sell the home yourself and find a new home in Alaska with more storage space. But don't write off...
Research shows that more and more homebuyers are ready to buy a home this spring— according to MSN Real Estate, 17 million to be exact. That's one million more homebuyers than last year! But are they all prepared? The timing is right in the market to buy Alaskan real estate, given rising mortgage rates nationwide and housing prices that continue to increase, but is your timing right? Below are the top things you should keep in mind when buying homes in Anchorage or Fairbanks this year.
Commit to Staying Put
Do you have plans to move next year or don't really know what the future holds for your job location? Buying may not be for you right now. If you cannot commit to staying put for the next few years, hold off on your real estate purchase. The investment of a home will indeed grow over time and home equity is back in positive territory, but selling quickly may see homeowners...
With a new season comes a wave of excitement and motivation for new beginnings. That may mean you've started the process of homebuying with a home search for Alaskan real estate, but are your finances in order? Before you move too much further into your homebuying process, take the time to spring clean your finances this season and you'll be in great shape for buying a new home in Fairbanks and Anchorage. Here are a few places you can start spring cleaning your budget, credit and bank accounts:
Start With Your Budget
When preparing to buy a new home in Alaska, your budget will be the foundation. It's time to sit down and examine your finances, taking note of your spending habits over the past few months. Have you found areas in which you're spending more than others? Is this necessary spending or something you could cut out? After you've identified the categories of your spending, you can...