Estimated median house or condo value in 2011: $627,870 (it was $405,800 in 2000)
Hope that everyone is having a great weekend!
Prices have always been the result of negotiations between buyer and seller.
Sellers stressed to sell are not to be calculated as the typical arms length transactions.
Unfortunately we talk more of those than the ones that are not.
Prices have not tumbled they were over inflated. Today the market is normalizing. It is becoming affordable for more people.A lesson that all buyers should remember . Buying is easy keeping it is more difficult.
The solution for a good deal where the payments are affordable and the ability to pay it off in a short time is a part of the program. Mortgages are like landlords . It is the difference in knowing when it is yours or someone else is collecting your rent. Anchorage is just like any city in America. When there is unemployment the debt goes unpaid. Think of that when you buy a house and before you start renovating the kitchen or pouring money into decorating instead of paying off debt.
In today's market price is not as important as value and affordability. What it cost you per month without spending oodles of money to repair. The younger the house the more time you have to enjoy it. No need to buy wholesale . Buy resale there are great deals out there through out the country, as long as they are in good shape
A fixer upper may cost you less in the beginning but it will eat your valet in the long term
Thank you for listening visited your beautiful state this summer just passing through.