Fairbanks Real Estate

Alaskan Real Estate Market: 4 Reasons to Work with a Real Estate Agent

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 ...

What Not to Do in Alaskan Real Estate

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...

What Homebuyers Want in Alaska Real Estate

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!

Storage
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...

Your Homebuying Guide for Fairbanks, Anchorage Real Estate

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...

How to Prepare Your Finances for Alaskan Real Estate

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...

Spring Cleaning Tips for Alaskan Home Sellers

According to Homes.com, the real estate market is really about to take off. Are you planning to sell your Alaskan home this spring? You may boost your chances of attracting the right homebuyers if your home is clean, organized and ready for the market. For instance, do you know which areas homebuyers will notice if they're not in tip-top shape? Below are a few ideas for spring cleaning that can help get your homes in Fairbanks ready for a successful Fairbanks real estate sale.

Start Outside
When it comes to the Alaskan real estate market, the exterior of a property is the first feature homebuyers will notice. That may mean a homebuyer has started their search for homes in Fairbanks online, with their first impression coming from photos of your home, or it may mean they have come to tour the property. Begin your spring cleaning with trimming...

Fairbanks AK Real Estate Rules to Follow This Year

When preparing to buy a home in Fairbanks this year, there are a few "unwritten" rules to follow. Following these best practices as both an Alaskan homebuyer and home seller, you can be assured your real estate journey will be a smooth one. Your real estate agent will also be able to suggest tips and tricks along the way to help you make the right decisions. So before you jump into Fairbanks real estate this year, take a look at some of the best real estate rules of the road.

Use a Real Estate Agent
One of the best decisions you can make as both a homebuyer and home seller involves hiring a real estate agent. When it comes to the stacks of paperwork involved, negotiations, and more, it pays to have an expert in your corner. Navigating the Alaskan real estate market alone can be complicated and your real estate agent is there to explain everything along the way. Whether than...

Holy Economic Updates, Batman!

Today I had the opportunity to attend the annual Yukon Title Company Economic Update.  For the past several years, they have brought up Ted C. Jones, PhD to give an economic forecast to the local real estate industry.  Ted is the Chief Economist for Stewart Title Guaranty Company, and always gives a fun and informative presentation.  This year was no exception.  Here are a few of the points that stuck with me:

The national economic update is looking a little bleak.  I knew the national debt was huge, but Ted really put into perspective for me.  What especially struck home was the point that the sequestration that's designed to cut government spending is only 2.2% of our total spending.  That's barely a drop in the bucket!  Likewise, one of the big questions in real estate right now is what will happen with capital gains taxes.  Ted's not sure, but the President's recommended 35% is HUGE!  And, will certainly have a big impact in the real estate industry.

Locally, however, things are looking...