Yvette Belisle
ALASKAN SPIRIT REALTY
Real Estate Brokers of Alaska
1577 C Street, Ste 101
Anchorage, AK 99501
Phone: (907) 868-2811
Fax: (888) 831-9620
yvette.belisle@gmail.com
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Who do you know that may want to buy these properties?
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**NEW LISTING**
9435 Morningside Loop
Anchorage, AK 99515
DUPLEX
6 Bedrooms
4 Bathrooms
3284 Sq Feet
MLS #13-412
Price: $453,000
Lovely and spacious side by side duplex
features 3 bedrooms, 2 baths, 2 car garages each. Vaulted ceilings,open
kitchen, fireplaces, breakfast bars, and walk in closet. Office nook.
Conveniently located near shopping and employment district. An
excellent option to owner occupy.
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**NEW LISTING**
3325 Tarwater Avenue
Anchorage, AK 99508
4 Bedrooms
1.5 Bathrooms
1344 Sq Feet
MLS#13-118
Price: $195,000.00
Too
right for the price. Perfect for first time home buyers. Enjoy back
yard fun this summer in this spacious fenced in lot. Revitalization is
the name of the game in this neighborhood. Shuttle to Government Hill
Elementary. |
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610 W 27th Avenue
Eagle River, AK 99503
MLS #12-11992
Price: $350,000.00
Zoned
B3 for potential business; Central location. Small Ranch Style home on
lot built in 1952 sold as-is; can be used as office or leveled to
build to suit your needs. |
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1911 E 58th Avenue
Anchorage, AK 99507
3 Bedrooms
2 Bathrooms
1508 Sq Feet
MLS #12-15608
Price: $260,000.00
Huge
deck off the living room which leads you into the large backyard with
plenty of trees for privacy. Fantastic lay out in this end of
cul-de-sac home Licensee is related to seller |
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Happy New Year! I hope your New Year is going well and you're well on
your way to setting and meeting your 2013 Goals. With every New Year,
American's everywhere always seem to set little goals to meet and
accomplish; be it losing weigh, dropping a bad habit or picking up good
ones they've made the personal decision to change something in their
lives.
As our lives change, so does our world. It has been projected that
our local 2013 Real Estate Market is going to increase by 2-3% which is
up from last year by 1-2%%, so we are slowly recovering step by step and
year by year.
We are still experiencing a very low inventory of
available homes for sale which makes it hard for current buyers to find
their dream home. This is truly a sellers market, we are seeing strong
multiple offers on homes within days of hitting the market if they are
priced right and in great condition and we are still seeing distressed
properties hitting the market as well.
If
you're a homeowner needing to sell your home, now is a great time to
sell. Why wait for spring when the rest of the competition hits the
market? If you list your home now, you're already catering to the spring
buyers out there. Buyers are everywhere, they're ready and waiting to
take advantage of the currently low interest rates. The market is
calling for your home! There's no time like the present to list your
home for sale.
Contact
me today if you're thinking of selling and I'll provide you with a FREE
Market Analysis on the value of your home in today's market.
I
hope you enjoy this months newsletter. If you'd like to leave me
comments or special requests for other news, please feel free to contact
me.
Sincerely,
Yvette Belisle
Alaskan Spirit Realty
yvette.belisle@gmail.com |
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Rental Increase May Prompt More Home Buying
MPF
Research said apartment rents climbed 3.0 percent in 2012, down from
4.8 percent in 2011, but a bit above the long-term norm of 2.5 percent
recorded during the past two decades.
An increase of 3.0 percent
is similar to the average results posted during shorter past periods
when occupancy was sustained at strong and generally stable levels,
according to MPF Research.
Among large individual metros, top
markets include three San Francisco Bay Area markets - San Francisco,
San Jose and Oakland - where rents rose 8 percent, 7.7 percent and 7.1
percent, respectively.
Other top rent increases were in the
Denver-Boulder area where rents rose 5.9 percent in 2012; 5.1 percent in
Nashville and New York; 4.8 percent in Houston; 4.6 percent in
Charlotte; 4.4 percent in Portland and 4.3 percent in the Seattle-Tacoma
area.
The average apartment occupancy rate of 94.9 percent at
the end of 2012, was up a tiny bit from 94.7 percent at the end of 2011.
The rate was 92 percent in 2009, when the nation's apartment occupancy rate bottomed, MPF reported.
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California Rebounds As Home Values Raise
It appears that one of the nation's largest and most troubled housing markets is getting back to normal.
According to data released by DataQuick, Notices of Default, the first step in the foreclosure process, on California houses and condos fell 22.1 percent in the fourth quarter of 2012 compared to the third quarter and were down almost 38 percent from the fourth quarter of 2011.
California homeowners were a median of eight months behind on their payments when the lender filed the Notice of Default and owed a median $14,364 on a median $308,885 mortgage.
The 38,212 NoDs recorded in the quarter was the lowest since the fourth quarter of 2006, near the beginning of the foreclosure crisis.
Quarterly filings in the state peaked in the first quarter of 2009 at 135,431.
DataQuick attributed the decline in early foreclosure filing to rising home values, an improving economy, and a shift toward short sales which accounted for an estimated 26 percent of statewide resale activity in the fourth quarter.
The median price paid for a home during the quarter was $300,000, up 22.4 percent from a year ago and 32.2 percent off the median's $227,000 bottom in first-quarter 2009.
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The Reasons Behind the Housing Inventories Decline
Home sales in December dropped by 1% from November, the National Association of Realtors reported on Tuesday, but still stood nearly 13% above the levels of one year ago.
That means home sales have risen from the year-ago month for 18 straight months.
For 2012 as a whole, sales were up 9% to 4.65 million units, the highest annual total since 2007.
Prices are picking up because the number of homes for sale continues to drop despite the sales volume gains.
The number of homes for sale fell to 1.82 million at the end of 2012, an 8.5% drop from November and a 21.6% decline from one year earlier, the Realtors' group said on Tuesday.
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Forecast For the Housing Market
The housing market has bottomed out and should show solid improvement, especially next year, top economists said at the International Builders' Show in Las Vegas.
The National Association of Home Builders expects construction of single-family homes to surge nearly 22 percent in 2013 to 650,000 units and spike 30 percent to 844,000 in 2014, said chief economist David Crowe.
Starts of multifamily units should rise 22 percent to nearly 300,000 this year, followed by a more modest gain of 6 percent in 2014.
Freddie Mac expects residential sales to climb 8 percent this year as mortgage rates remain below 4 percent, according to chief economist Frank Nothaft.
Home prices could increase between 2 percent and 3 percent this year, he adds.
Still, builders remain concerned about the rising cost of building materials, gridlock and uncertainty in Washington, the stagnant job market, and ongoing issues with home appraisals.
Read more...
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This Month's Video
What does the typical buyer look for when buying their home?
Watch this months video and find out.
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