Alaska Real Estate Blog

                                              

Whether Interest Rates go up or not within the next year, the fear of double-digit rates is propelling a seller's housing market in Anchorage, Alaska and around the country. Buyers who have been sitting on the fence may want to buy to lock in the historically-low rates.

According to a recent article by The Mortgage Reports, mortgage rates are still half the 30-year historical average of 8.375 percent. Many people who are 50 or older may remember double-digit mortgage rates in the '80s that kept many people stuck in their home for fear of losing their more reasonable Interest Rates.
•    Buying a forever home

Buyers are under more pressure now to choose a home they can remain in for the long term.

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 Sales of luxury homes are booming throughout the United States as the upper-end homes were often the first to partake in the housing market recovery. In Anchorage, Alaska, luxury homebuyers can find amazing homes for about $1 million. For $2 million or more, the luxury homes for sale in Anchorage Alaska are beyond stunning. According to a recent real estate article by Zillow, luxury homes today are works of art. What defines a luxury home isn’t just the price tag, but the attention to details.

•    Telling a story

According to real estate experts, luxury homes for sale in Anchorage Alaska tell a story. Whether it’s imported construction material, a stainless steel staircase featured in a magazine or a home designed by a famous architect, luxury

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After finding a property on different Anchorage home search sites, a lot of prospective buyers do a "drive by." If they don't like what they see, they may not call a Realtor to set up an appointment to walk through your home. Curb Appeal can improve the odds of attracting house hunters so they don't just drive off.

•    Straighten and Clean the mailbox

A lot of people neglect their mailboxes even though it's a part of the Curb Appeal. If your mailbox is broken or damaged, it should be replaced. Otherwise, a quick spray of cleaning detergent can often remove mildew stains. Most mail carriers do not appreciate plants that attract bees near the mailbox so it's better to plant along the sidewalk. During the holidays, tie a red ribbon around the mailbox

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Anchorage Economic Developement Corporation released their mid-year economic forcast last week, and it's positive news for the most part.

Anchorage’s economy continues on a trajectory of slow to moderate economic growth.  Mid-year indicators for 2014 point toward an additional 1,100 new private sector jobs by the end of the year.

 Anchorage's population is estimated at 301,000 residents in 2013, 0.9 pecent increase over the previous year.  It is projected that Anchorage’s population will continue to grow at a slow but steady pace of about 1 percent a year (roughly 3,000 new residents annually), again driven mainly by natural increase rather than in-migration, but also supported by growth in the job base.

Read the report by clicking here

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If you're looking to purchase Alaska land for sale as an investment or as your dream home, it is important to know when is the best time to buy. Before you rush off to buy a beautiful, treasured piece of untamed land, here are some tips about the best time to purchase Alaska land for sale:

The Best Time to Purchase Alaska Land for SaleAlaska Land for Sale: The Best Time to Purchase Alaska Land

#1: During Off Season or Off Market

If you have ready cash, then you should consider purchasing land during slower market times or off-peak season. Housing markets including Alaska land for sale have always experienced peaks and troughs. If you can wait for a dip in the market, you are guaranteed to secure a bargain.

#2: Low Interest Rates

Another interesting effect of a down housing market is, usually

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Anchorage is one of the best places in the world to enjoy outdoors sports adventures of all exciting types. Whether you are an experienced back packer or a first time hiker, there is an amazing variety of adventures for you. You can be surrounded by stunning scenery and the tallest mountain in North America, Mount McKinley or Denali, which is over 20,000 feet high. You may also be able to view the spectacular phenomenon of the 'Northern Lights'.

Alaska white water river rafting

These river rafting trips north and south of Anchorage are within special locations within "National Scenic Byways" and are geared for all ages and physical abilities to enjoy. The trip can last for half a day, or you can choose one that will go on for several days

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Are you paying too much for your mortgage? When you are evaluating the prices of a new mortgage, are you comparing costs? How do you know if one is better than the other? 

Monthly Fees 3

When you are shopping for a new mortgage, as a consumer, you should be aware and wary of higher-priced loans when you are comparing costs, rates, and fees. It is very important to be conscious of this during the shopping phase because lenders tend to quote extremely competitive rates in order to get the most money and capture the optimum market share (which benefits only them).

One lender's fees and corresponding rates may seem enticing, but beware of a hidden factor: lower fees and rates might actually come with a higher-priced loan due in part to the annual percentage rate

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In addition to rafting, mountain climbing, hiking, sledding, ice skating, kayaking, rafting and so much more, the outdoors in the Anchorage area are spectacular. There are beautiful national parks, abundant wildlife, wild salmon and other fishing, and the endless beauty of nature to explore and admire.

Denali National Park and Preserve

There are six million acres of wild land, high alpine tundra, low-elevation forest, and snowy mountains including the tallest peak in North America, the 20,320-foot Mount McKinley. Small and large wild animals roam the unfenced lands. Over 100 years ago, two men spent a winter in a cabin near the Toklat River and decided to create the first national park in the world established to conserve wildlife. Charles Sheldon,

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Are you thinking of moving to Anchorage? Anchorage is the largest city in the state of Alaska, bordering the coastline of the south central region. The real estate market in Anchorage is increasing with housing demand on the rise. House hunting on our own can be easy if you know the ins and outs of the Anchorage MLS website. If you ‘re new to the home buying process, here are 6 tips on how to read an Anchorage MLS.Anchorage MLS: 6 Tips on How to Read an Anchorage MLS

Anchorage MLS: 6 Tips on How to Read an Anchorage MLS

#1 Locate the Anchorage MLS Number, Status and Listing Price

The MLS number is the identification number that will help you easily identify the property. The status will display the home as active, available for purchase, or no longer available. The listing price is helpful in

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 Many have dreamed of moving to Alaska and settling down in the “Last  Frontier”, the land of opportunity, a young state with an unspoiled wilderness. That is actually a more realistic plan than a dream when you learn of the down-to-earth statistics that can make your vision come true.

Anchorage, Alaska's largest city, is where more than half of Alaska’s population lives. It is almost the size of Delaware, is on the shores of Cook Inlet and at the foot of the Chugach mountain range, is the hub of south central Alaska, has the most job openings, is a tight-knit community with a taste for adventure, and is a vibrant and carefree lifestyle town where professionals going to a black-tie event mix with a moose strolling down the street!