Thursday, November 11, 2010

Anchorage Alaska, Latest Real Estate Statistics-Real Estate is Local

Do you want to know how the real estate market is doing? Don't listen to the news, call me, and I will send you a free no obligation report. Home sales are still steady. As of October 31, 2010, unit sales on single family homes are down slightly from 2029 YTD in 2009 to 1900 YTD in 2010 for an 6% DECREASE over this same period last year. The total volume of sales decreased from $651,677,767, one year ago to $630,424,283 for a 3% decrease over the same period last year. The average sales price is $330,238, compared to $321,258 a year ago, for a 2% increase. Interest rates are holding between 4.0% and 4.25%, and so it is an awesome time to buy right now. Home prices remain steady, and there seems to be a lot of activity. We are selling homes. Call me for a no cost analysis on the value of your home, or if you want to buy, our expert team can guide you through the process. We just had hockey great, Yvan Corbin, join the team as a buyer specialist. I just completed the Certified Distressed Property Expert course, and I am now certified to help you find the best deals, and have lots of information on foreclosures and pre foreclosure properties. Also, if you are having problems making your payment, I can help you. More homes are coming on the market daily, but the best deals are selling quickly. Please call me and let's sit down and determine your needs and we will find you one. You don't want to miss this awesome opportunity. It really makes no sense to not take advantage of this market.

Latest Update on Anchorage Alaska Real Estate Market

Do you want to know how the real estate market is doing? Don't listen to the news, call me, and I will send you a free no obligation report. Home sales are still steady. As of September 30, 2010, unit sales on single family homes are down slightly from 1773 YTD to 1710 YTD for an 3% DECREASE over this same period last year. The total volume of sales decreased from $571,962,081, one year ago to $567,173,421 for a 0% decrease over the same period last year. The average sales price is $329,587, compared to $322,687 a year ago, for a 2% increase. Interest rates are holding between 4.0% and 4.5%, and so it is an awesome time to buy right now. Home prices remain steady, and there seems to be a lot of activity. We are selling homes. Call me for a no cost analysis on the value of your home, or if you want to buy, our expert team can guide you through the process. We just had hockey great, Yvan Corbin, join the team as a buyer specialist. I just completed the Certified Distressed Property Expert course, and I am now certified to help you find the best deals, and have lots of information on foreclosures and pre foreclosure properties. Also, if you are having problems making your payment, I can help you. More homes are coming on the market daily, but the best deals are selling quickly. Please call me and let's sit down and determine your needs and we will find you one. You don't want to miss this awesome opportunity. It really makes no sense to not take advantage of this market.

Tuesday, February 2, 2010

$8000 First Time Home Buyer Credit. Time is running out!

2009 started out looking like the market was really going down. Then in the last quarter the market took off. Pundits attribute the surge to the first time homebuyer credit, of $8000. The program has been extended into 2010. If you want to get $8000, you must have a home identified and you must be in contract for that home by the end of April, 2010. The time is running out, so you need to call your real estate professional and find your home now. If you don't currently work with a real estate professional, give The Matt Dimmick Real Estate Team a call. We can get you into your dream home, and even provide the forms to apply for the credit. You may also be eligible for a $6500 credit if you are not a first time buyer, but have already owned a home. Interest rates are still around 5%, and it is an excellent time to buy. If you are thinking about selling, it is also a good time to sell. Please call The Matt Dimmick Real Estate Team, for a free market analysis on your home to determine the value and our exclusive marketing plan.

Wednesday, December 23, 2009

Keller Williams Realty has only been open for a little over 3 years. They have already grown to number 2 in market share in Alaska, and have more top producers in the top 20 than any other company. They have also had more top producers join them in the last 3 years than any of their competitors. The company continues to offer training and consulting that no one can match. The company plans to continue its phenomenal growth into 2010, and eventually over take the current real estate brokerage ahead of them. Keller Williams is the only place that someone serious about being in real estate would want to work, if they knew all of the facts. Our job is to get the word out. Keller Williams Realty is the only company that can offer associates the opportunity to keep 100% of their income. Wow. Now that is worth looking into.

Thursday, September 17, 2009

Homes sales are still steady. As of August 31, 2009, unit sales on single family homes are down from 1721 YTD to 1502 YTD for a 12% decline over this same period last year. The average sales price is $321,129, compared to $330,829 a year ago, for an 2.0 % drop. Interest rates are holding between 5.0% and 5.5%, and so it is an awesome time to buy right now. First time home buyers can get a tax credit for $8000, but you need to hurry and call me, as this program is set to expire at the end of November. That means your loan has to close before it expires. I just completed the Certified Distressed Property Expert course, and I am now certified to help you find the best deals, and have lots of information on foreclosures and pre foreclosure properties. More homes are coming on the market daily, but the best deals are selling quickly. Please call me and let's sit down and determine your needs and we will find you one. You don't want to miss this awesome opportunity. It really makes no sense to not take advantage of this market. ZIP Codes: 99501, 99502, 99503, 99504, 99505, 99506, 99507, 99508, 99509, 99510, 99511, 99512, 99513, 99514, 99515, 99516, 99518Approximate Location Boundaries: Anchorage, Girdwood, Eagle River, Chugiak Location Characteristics: Anchorage is surrounded by the mountains to the East, and the Cook Inlet to the West. The air and army base are towards the north end of town, and there are a few communities to the north that are a very short commute to the bases.

Tuesday, August 18, 2009

First Half Home Sales in Anchorage Alaska

Homes sales are still very steady. As of June 30, 2009, unit sales on single family homes are down from 1260 YTD to 990 YTD for a 18% decline over this same period last year. The average sales price is $319,286, compared to $325,042 a year ago, for an 1.0 % drop. Interest rates are holding between 5.25% and 5.5%, and so it is an awesome time to buy right now. First time home buyers can get a tax credit for $8000. I just completed the Certified Distressed Property Expert course, and I am now certified to help you find the best deals, and have lots of information on foreclosures and pre foreclosure properties. More homes are coming on the market daily, but the best deals are selling quickly. Please call me and let's sit down and determine your needs and we will find you one. You don't want to miss this awesome opportunity. It really makes no sense to not take advantage of this market.

Saturday, August 23, 2008

Anchorage Real Estate Update

Keller Williams Realty is now home to over 105 of the top realtors in Alaska and is open for business in the Key Bank Building at 101 West Benson Blvd. Suite 503 on the top floor. Gary Keller announced the launch of his new website to help realtors navigate the current market at www.agentmountain.com. Top realtors from all over the country are converging on Austin, Texas this week for Mega Agent Camp, and Masterminds and the release of Gary Keller's new book "Shift". Real Estate activity has dropped off a bit, but still remains healthy as of 8/22/2008. Interest rates are bouncing between 6.5% and 6.75%. It is still very busy, although it does look like we are seeing a few more price reductions than we have been seeing and inventory is rising a bit.Total residential sales as of 7/31/2008 were 1,465 units, compared to 1,618 units last year at this time, or a 9% decline, also the average price decreased from $330,527 to $326,325 for a 1% decrease. Total active listings through the end of July were 3,696 compared to 4,195 at the same time last year, for a 12% decrease. As of 3/31/2008 there are currently 1,168 homes on the market and 553 condos. This is the story for Anchorage at this time. Land prices, building materials and labor, are all increasing at a dramatic rate. Prices are flattening a little, but interest rates are holding, so if you are considering purchasing, waiting is not going to get you a better deal. NOW is the time to buy. Inventory is higher than last year, making selection and pricing more attractive. Based on the numbers, it is still a sellers market, as evidenced by a 5 month inventory of homes. This applies to homes under $350,000. Between $350,000 and $500,000 it is slightly a buyers market, and over $500,000, it is a definite buyers market. It is considered a sellers market under 6 months of inventory and a buyers market at over 6 months of inventory. Anchorage's market is very healthy and homes are still selling. There are more homes on the market which means you have to be in the lowest 20% of your price range on price, and the top 20% in condition. It seems to me that a lot of people would like to sell at this point and take their profits, but fear of being able to afford a replacement is keeping some people in their current home. I have witnessed some of my buyers, that bought in the last few years, cashing out and making a very nice profit on their investment. So real estate continues to be a solid performing asset, when it comes to investments. It is still possibly the best investment one could make! Call me and I will go over the return you can expect in the current market. Now is the best time to sell, and if interest rates continue to climb, it may be the best time to buy as well.