fairbanks real estate market report: Fairbanks AK Real Estate Market Report Sept 2010 - 10/12/10 01:47 AM
It looks like the beautiful fall has helped keep the Fairbanks real estate market moving forward. Although the total number of homes sold has dropped a bit, the average sales price is up and time on the market is down...
The sellers and buyers we talk to are all bullish on the Fairbanks real estate market. A few sellers are making concesions to get their homes sold, but many are getting every nickel of their asking price. We just put a listing under contract where there were multiple buyers competing for the property. Consumer confidence is good news for both Fairbanks … (6 comments)
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fairbanks real estate market report: Fairbanks Ak Real Estate Market Report - October 2009 - 11/13/09 04:54 PM
Ready to find your piece of the Last Frontier? Call or contact us online today. Our network of experienced professionals is ready to assist you through every stage of the buying process.
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fairbanks real estate market report: Fairbanks Alaska Real Estate Month in Review August 2008 - 09/17/08 06:31 PM
Fairbanks Alaska Real Estate Month in Review - August 2008 What a crazy month. We bid adieu to Lehman, then watched as Bank of America swallowed Merrill Lynch and now the Fed has nationalized AIG. Rumors of a similar fate surround the few other giants left standing. The real estate and finance landscape is changing daily and at a record pace. To say we’re living in interesting times would be an understatement. The good news is that the Fairbanks real estate market continues to move forward despite near catastrophic news from the financial powerhouses on Wall Street. Locally, home sales picked … (6 comments)
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fairbanks real estate market report: Fairbanks Alaska - Bucking the 'Zillow' trends... - 08/12/08 12:59 PM
This morning I open up the 'net and start reading the news (my how times have changed I tell you) and the first article I come across is from Bloomberg; One third of new owners owe more than house is worth. "Almost one-third of U.S. homeowners who bought in the last five years now owe more on their mortgages than their properties are worth... Ok, so that's not exactly new news, is it? Can anyone say 'declining market area?' :) Aside from the "negative equity and declining prices are making it difficult for homeowners to sell property for a profit" (duh) … (20 comments)
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fairbanks real estate market report: Fairbanks Alaska - Real Estate Review - 7/20/2008 - 7/26/2008 - 07/29/08 02:54 PM
Hi, Folks. It looks like the Fairbanks real estate market is still somewhat in flux. Existing home sales continue to dominate the market. New construction homes are still relatively soft despite a current Energy Efficiency rebate offering from Alaska Housing. Lets get the bad news out of the way first. This week 12 homes were sold in Fairbanks; the third week of declining home sales and the lowest sold since the first of June. The average days on the market, while on a decline in June, has increased to 175 for the week ending July 26th. This is a 33% increase … (6 comments)
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fairbanks real estate market report: Fairbanks Alaska Real Estate Review - 6/22/2008 - 6/28/2008 - 07/01/08 01:53 AM
Fairbanks Real Estate - Week in Review - 6/22/2008 - 6/28/2008
Jesse Clifton, Broker Associate Do you remember the story about the little engine that could? Just like that little engine the Fairbanks real estate market is surviving the housing slump that has derailed many real estate markets around the country. For the week of June 22-28, 18 homes closed escrow. The majority of those (67%) continue to be sales in North Pole, although interestingly, they aren't new construction homes. New construction represented less than 1% of homes sales this week. Days on the market dropped somewhat this week from … (9 comments)
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fairbanks real estate market report: Fairbanks, AK Real Estate Market Report For May 2008 - 06/10/08 05:26 AM
Fairbanks Alaska Residential Real Estate Market Report for May 2008 Fairbanks Alaska is a thriving community in the heart of Alaska's Interior. In addition to being a major outdoor enthusiasts paradise, we are also home to the flagship campus of the UA System - the University of Alaska Fairbanks as well as Fort Wainwright Army Post and Eielson Air Force Base. Life in Alaska is good... come discover what makes our community a great place to call home! Well, it looks as though our spring market has finally arrived... mid summer. The good news is we're seeing an upswing in market … (1 comments)
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fairbanks real estate market report: Fairbanks 4th Quarter Market Report - 01/07/08 05:17 AM
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fairbanks real estate market report: Fairbanks Alaska Real Estate Update - December 2007 - 01/03/08 01:11 PM
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fairbanks real estate market report: Fairbanks Alaska Real Estate Update - December 20, 2007 - 12/24/07 02:39 PM
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fairbanks real estate market report: Selling Your Fairbanks Home This Winter? - 12/15/07 07:34 PM
Although the spring and summer months are typically the busiest seasons for real estate, homes sell all year. For 2006, winter sales accounted for 40.3% of the total homes sold. If you're thinking of selling your home this winter, there are a few things you should keep in mind. Price it aggressively: Gone are the days where you could nudge the price 3-5% above the comparable sales in your neighborhood and expect a ready, willing and able buyer to come along. Today it's all about competitive pricing. That means setting an asking price that is at least on par with the … (4 comments)
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fairbanks real estate market report: Fairbanks Alaska Real Estate Market Update - December 07, 2007 - 12/09/07 01:33 AM
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fairbanks real estate market report: Housing issues will slow but not derail economy - 11/27/07 10:51 PM
A new report out today by the US Council of Mayors paints a less than glowing picture of the housing market in the coming year. An estimated 1.4 millions homes, representing an equity loss of $519 billion, will go into foreclosure in 2008 pushing the total loss of equity at a staggering $1.2 trillion. Home prices are projected to decline by as much as 7% nationally while home sales are expected to decline by 10%. This would mean the average sales price in Fairbanks would be back to levels not seen since early 2006 and homes sales would decline to 2004 … (2 comments)
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fairbanks real estate market report: 2nd Quarter 2007 Fairbanks Market Report - 10/25/07 03:15 PM
Good Morning,A client emailed me this morning to say she couldn't find our quarterly market reports. It looks like we lost some content in the redesign last month. We are working to get this information back online for you, but in the meantime I'll post it here. Click this link to download the report in .pdf format. If you have any questions, please don't hesitate to let us know.
As you can see the market is indeed changing and while not as drastic as some parts of the country, it is shifting. Sellers need to be aware that we're not in … (1 comments)
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