Spring is a great time to buy a home in Anchorage

Posted by Dan Wolf on Friday, May 24th, 2013 at 8:16am.

Spring is a great time to buy a home in Anchorage .  For us, the winters are long, and most people aren’t looking to move during the very cold months.  Luckily for the housing market, the winter will soon be behind us.  People are ready to get outside a bit more, and are in the mood to relocate.  This means two things: there are more buyers ready to buy, and more sellers with their homes on the market.  If you are looking to purchase a new home, here are a few things that you should do first to make sure you are prepared.

Brown Bear rolling in Grass

Know how much you can spend.  This requires a little more than going to the bank to see how much they will lend you.  The bank may say you can afford much more than you are comfortable with.   Take a bit of time to budget and determine the payment amount you can afford.  Then, look at homes that are within your means. Remember to take into consideration the cost of insurance and taxes, and get yourself pre-approved for a loan. 

Determine what you need in a home.   Before you start looking at every home in Anchorage that is for sale, think about what things are important to you.  Is it the area school, number of bedrooms, an attached garage?  It can be helpful to make a list of those things and bring it along when you look at homes.  The list will come in handy as you review your options.  As you see homes and use your list, you may discover that some things you thought were important are not, while other things are more important than you first thought.  This may help you narrow down your selections.

Work with a good realtor.   It is helpful to have an unbiased person to help you with your home search.  You need someone who knows the market, and can steer you away from things that aren’t right for you, and towards things that will fit your needs.  Communication with your realtor is important.  As you look at homes, let them know what you liked or did not like about a specific property.  This will help them understand your needs, and will save you time and aggravation.

We are here to help you whether you are buying or selling a home.  Please contact us for help.

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