2013 Anchorage/Valley Market Forecast
The Anchorage/Valley Market saw an increase in single family homes sales for 2012 compared to 2011. There was also an 11% increase in closed homes in the Anchorage area.
If you've been thinking about waiting for spring to put your home on the market, you might want to think again. The Anchorage housing market has a very low inventory of single family homes. Based on supply and demand it would take less then 2 months to deplete the inventory of single family homes around the $250K - $350k price range.
If you're currently looking to buy a home and actively looking to buy a home, you probably know there's not much to select from as far as good quality. We are still seeing multiple offers being submitted on homes if they are priced right and in good condition in less then 2 weeks. Condo's are in the same situation, we have an active inventory of only 3.25 months supply.
Word to the wise, if you're thinking of selling, now is the time! There are buyers out there looking to buy your home, they're sitting on the fence ready to pounce the minute your home hits the market.
The market is prodicted to increase at least 2-3% for 2013, which has been the normal trend for the past couple of years. In 2012 & 2011 we saw a 1-2% increase, 2013 doesn't seem that it will be steering from the norm.
Call me today to see what I do to get homes SOLD!
If you've been thinking about waiting for spring to put your home on the market, you might want to think again. The Anchorage housing market has a very low inventory of single family homes. Based on supply and demand it would take less then 2 months to deplete the inventory of single family homes around the $250K - $350k price range.
If you're currently looking to buy a home and actively looking to buy a home, you probably know there's not much to select from as far as good quality. We are still seeing multiple offers being submitted on homes if they are priced right and in good condition in less then 2 weeks. Condo's are in the same situation, we have an active inventory of only 3.25 months supply.
Word to the wise, if you're thinking of selling, now is the time! There are buyers out there looking to buy your home, they're sitting on the fence ready to pounce the minute your home hits the market.
The market is prodicted to increase at least 2-3% for 2013, which has been the normal trend for the past couple of years. In 2012 & 2011 we saw a 1-2% increase, 2013 doesn't seem that it will be steering from the norm.
Call me today to see what I do to get homes SOLD!
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