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 ...
The holiday hustle and bustle is just beginning in Alaska— from gatherings with friends and family to decking the halls, shopping, and even traveling. This time of year is undoubtedly one of the busiest and moving may be the last thing on your mind, but does that mean you should wait to buy a home in Alaska?
As your local real estate experts in Alaska, you can count on Madden Real Estate to help you find your dream home and identify the best opportunities to do so— one of which is right now! Below are three reasons to consider buying a home in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, or North Pole during the holidays:
2015 has been called the "Year of the First-time Homebuyer" for many reasons— lower interest rates, pent-up demand, new low down payment mortgages and rising rents. Many Fairbanks, Anchorage, Eagle River, Palmer residents will jump into the real estate market this year and quickly find it can be an overwhelming and challenging experience.
The team at Madden Real Estate is here to help! Not only can we help prepare you to buy a home in Alaska, but we can also walk you through the process to ensure you do not run into these common first-time homebuyer mistakes:
Mistake #1: Not Knowing How Much You Can Afford