As we thankfully move into the Amazing Alaska Summer the frenzied and unprecedented real estate marketplace continues to astound with very low supply, high demand and rapidly increasing prices. Some questions on everyone’s mind: when will it crash, is this a bubble and will prices ever go down? I sure don’t see things changing anytime soon. Shoot, I would love to get back to having more homes for our buyers to choose from but all the indications are this is our “new normal”. It would take 3 times the supply (Inventory-active listings) and half the demand (pending sales) just to get back to what used to be normal. And if you really want or need to buy a new home (home is so much more important now) all indications are you will pay more a year from now than at present. Great time to sell a home and still overall affordability is good with low interest rates etc.
Below are some illustrations of the Anchorage and Mat-Su real estate marketplace and any questions just let me know.
Check out the almost $75,000 increase in average sales price since 2019 in the Valley!
“A STUNNING HOME in one of the Valleys Premier Locations”.
Located in one of the Valleys premier locations this custom home on 1.95 acres offers many pleasant features. Check out the 990 SF garage, master suite w/huge WI closet on the main floor, open kitchen-great room with gas fireplace and dining/bonus room, another bonus room upstairs with bedroom and bathroom, nice greenhouse and sweeping views of Lazy Mountain. Such a convenient location.
|If you or anyone you know has ANY thoughts of buying or selling real estate in 2021, lets connect to talk about the opportunities available in our market and how to reach your goals.|
LET US BE YOUR TRUSTED GUIDE
Call or text Dave now at 907-863-7289
Call or text Travis now at 907-575-6779