Anchorage Alaska Real Estate Statistics October 2011

Anchorage Alaska Real Estate Statistic October 2011

For Anchorage homes for sale, Halloween spooked the average residential sales price to go down, although the number of sales did increase.  Hopefully meaning buyers are starting to feel confidence with the low interest rates.  Inventory for price points below $400,000 is starting to level out a bit, making the supply of homes equal to that of buyers demands.  The upper price ranges still have anywhere from 6 months to 4 years of inventory depending on price, area and location.
ANCHORAGE CONDOMINIUMS
How many;
Anchorage Area Condominium Short Sale Property - 27
Anchorage Area Condominium Foreclosure, Bank Owned & HUD Property - 12
(New MLS reporting criteria started)Supply and Demand - Anchorage Alaska Condominiums
Average Sales Price - Anchorage Alaska Condominiums
Number of Units - Anchorage Alaska Condominiums
Sold Market Analysis - Anchorage Alaska Condominiums

ANCHORAGE RESIDENTIAL
How many:
Number of Anchorage Area Home Short Sale Property - 41
Number of Anchorage Area Home Foreclosure, Bank Owned & HUD Property - 31
(New MLS reporting criteria started)


Supply and Demand - Anchorage Alaska Homes
Average Sales Price - Anchorage Alaska Homes
Number of Units - Anchorage Alaska Homes
Residential Active Listings Inventory - Anchorage Alaska Homes
Sold Market Analysis - Anchorage Alaska Homes

Anchorage RE/MAX Properties - Lonnie Logan, Associate Broker would like to thank you for visiting BestAnchorageHomes.com ,  MyFirstAnchorageHome.com - We have done our best to design this Anchorage real estate based web site with our valued visitors in mind. We hope you find it to be a useful tool for your Alaska real estate needs. If you have any questions while searching through the numerous Alaska real estate listings for sale or would like to schedule an appointment to view any of these Alaska homes, please do not hesitate to contact us anytime. We want to be your Alaska Realtor and help with your real estate needs throughout Anchorage and Alaska. If you want a list of the active foreclosure properties please let us know, so we can email them to you.

Anchorage Alaska Foreclosure Seminar

ANCHORAGE ALASKA FORECLOSURE SEMINAR

Whether you are an Anchorage investor looking to expand your portfolio, an Anchorage Alaska real estate agent helping clients purchase property, a buyer looking to own a first home or condominium or maybe even a second home, this class is perfectly designed as an introduction to Anchorage Alaska investors, real estate associates, lawyers, professionals and home owners alike.
Mark This Date in Your Calendar Right Now: November 10th, 2011

Demystify the Foreclosure Process & Get Beyond the "Foreclosure List"

• Short Sales and Anchorage Home Owner Help
• Step Through the Foreclosure Process
• Public Courthouse Auctions
• Rehab Loans, 203b versus 203k
• Lease Purchase Options & Owner Financing
• What Costs Are Involved and Who Pays for Them
• How to Protect Yourself from a Home with Troubles
• Choosing an Auction Professional, Realtor® & Lender to guide you

This is not a get rich quick scheme, but a No Hassle, No Obligation seminar, put on by
REMAX Properties Inc., Lonnie Logan, Associate Broker

Seats fill up fast so RSVP

Anchorage Real Estate Statistics - September 2011

Anchorage Alaska Real Estate Statistic September 2011

So how is the Anchorage real estate market? Don't listen to the news, call us, and we will send you the information you need to research the Anchorage real estate market. Anchorage Alaska home sales are still steady, number of units sold in September 2011 is higher than last year, while the average price is down about 2% from last year.  The best trend is to see what the supply and demand numbers show for a particular price point.

ANCHORAGE CONDOMINIUMS
How many;
Anchorage Area Home Short Sale Property - 23
Anchorage Area Home Foreclosure, Bank Owned & HUD Property - 17

Supply and Demand - Anchorage Alaska Condominiums
Average Sales Price - Anchorage Alaska Condominiums
Number of Units - Anchorage Alaska Condominiums
Sold Number of Units - Anchorage Alaska Condominiums
Sold Market Analysis - Anchorage Alaska Condominiums

ANCHORAGE RESIDENTIAL
How many:
Number of Anchorage Area Home Short Sale Property - 39
Number of Anchorage Area Home Foreclosure, Bank Owned & HUD Property - 34
Supply and Demand - Anchorage Alaska Homes
Average Sales Price - Anchorage Alaska Homes
Number of Units - Anchorage Alaska Homes
Residential Active Listings Inventory - Anchorage Alaska Homes
Sold Market Analysis - Anchorage Alaska Homes

Anchorage Real Estate - Lonnie Logan Real Estate Experts for Anchorage Alaska would like to thank you for visiting BestAnchorageHomes.com and MyFirstAnchorageHome.com - We have done our best to design this Anchorage real estate based web site with our valued visitors in mind. We hope you find it to be a useful tool for your Alaska real estate needs. If you have any questions while searching through the numerous Alaska real estate listings for sale or would like to schedule an appointment to view any of these Alaska homes, please do not hesitate to contact us anytime. We want to be your Alaska Realtor and help with your real estate needs throughout Anchorage and Alaska. If you want a list of the active foreclosure properties please let us know, so we can email them to you.

Anchorage Alaska Moose Survival

I’m an Anchorage Alaska moose and this is my blog on survival.

I have lived in Anchorage, Alaska for most of my life. I am the largest species in my family and have been overshadowed by my close cousin the deer.  I always stop to enjoy a mild and serene slumber, calmly chewing my herbivorous way through the forest.   I don’t have my own Disney movie, except for a small part in Brother Bear, I remain relatively quiet...unlike the Elk who is very noisy.  Timing wise Bullwinkle came after Bambi and Bullwinkle really wasn’t painted as intelligent. I for the most part have slumbered with little notoriety.

I would like to weigh in my opinion on the tactics of survival, whether it be in nature or the tactic I use.

The first tactic is living day to day within the natural environment.  Walking through lakes, fields and forest to find the watery foliage we need on a daily…hourly…and minute we exist.  On average we consume 9,770 Calories per day to maintain our sleek body weight.  I am almost always eating or sleeping.  The natural environment has some pluses and minuses.  The biggest plus is no human contact, so I can grow as big and majestic as nature allows.  The biggest negative is when I grow big and majestic that is the best place for the humans to hunt.

That brings me to the next survival tactic…the one I have followed and recommend. Keep your friends close and your enemies closer.  I have decide that living in the big city of Anchorage isn’t so bad.  People seem to be very kind planting new food sources for me around, even the Municipality of Anchorage Government.  Humans don’t mind if I bed down next to the car, shed, house or outbuilding.  I often feel like a big Hollywood star.  People are always slowing down to admire me and take pictures, just like the paparazzi.  My cousin the deer has nothing on me here…I am truly an Anchorage Mascot.  They even tie their dogs up so as not to bother me.  The best part is no one shoots at me here in town…since I don’t camouflage well in the city that’s a good thing. The biggest drawback in the city is finding yourself in the daily commute, but if I get caught in traffic they are usually very courteous and stop for me.  I can always find a tree full of leaves for a real traffic jam.

This is just my opinion and it is open for debate.  Please let me know how you feel.

Anchorage Alaska Housing Gets Help from Outside

There are several indicators of the Anchorage Alaska housing market.  With the volume of activity we have had, the market has maintained.  Many of the markets in the lower 48 have to recover to give us a better foundation to start building confidence here in the Anchorage housing market.  Alaska Business Monthly reported that 12 outside markets have almost double in housing, employment and permits.

Anchorage Alaska real estate is being helped by the number of foreclosure purchases.  The Anchorage home buyers seem to be holding out for the best deal.  Personal savings has increased and that can only mean that patience is a virture or procrastination is at full speed.

The Alaska native corprations are starting to gain a strong capital hold in the State of Alaska.  Although the investment may be too little, it is definintly not too late.  The influx of confidence and cash flow has help smaller businesses cash out on their extensive years of goods and service to the residents in State of Alaska.



Lonnie Logan
RE/MAX Properties, Inc
http://www.bestanchoragehomes.com/
http://www.myfirstanchoragehome.com/
http://bestanchoragehomes.com/

Great Resource for first time buyers

Alaska Housing Finance Corporation provides Anchorage Alaska home buyers with resources to become informed about how to make good financial and purchase decisions. After the purchase or if you have owned for years, Alaska Housing provides information and classes to assist Anchorage home owners in how to maintain their home or condominium.

They work hand in hand with Cook Inlet Housing, Neighborhood Works and the Municipality of Anchorage.

If you have questions or would like to start collecting information to own your first home please feel free to visit MyFirstAnchorageHome.

Supply and Demand

One of the primary basics of economics is supply and demand. When there is too much product prices normally fall. When there is an undersupply of inventory, demand is high so prices increase. When inventory does not have a market to reduce the inventory, prices will continue to drop.

I have had experience with both housing markets when it comes to real estate. In one market the number of houses was very low. There were many buyers and multiple offers where common place. You had to restructure you offers in order that you still protected your buyer, but provide them opportunity to be a homeowner. It was a fine line, and sometimes it wasn't worth the risk of putting my buyer in a comprimising position.

The Anchorage real estate market is very different. There is not an oversupply of houses, but the current plan makes it possible to reduce the number of buyers. This could upset the inventory balance with fewer buyers. While with RE/MAX in Anchorage I am proud to say the market is balanced and safe, but now the current administration has released their budget and it could upset the balance between buyers and sellers.

The new adminstrations proposed annual budget, will limit the amount of people that will deduct mortgage interest. It has limited the amount of interest deductions for taxpayers earning over $250,000. This will hamper those individuals from becoming move-up buyers, first time buyers, and maybe second home buyers. They have no incentive to buy a home, which is what the current plan should be, to increase and give incentives to boost the Alaska housing economy.

There are some new ideas being tossed out, but overall I'm becoming less convinced they are going to have the positive impression we need.