Anchorage Real Estate Market Update
The Anchorage Real Estate Market has been heating up! The weather has definitely cooled down during this past week, no doubt about that, Anchorage Weather has been in the mid 30's for most of the past week. Amidst the frigid cold weather, The Real Estate Market has been hot, hot, hot! It must be all the first time home buyers who are trying to get into their homes before the deadline. The First Time Home Buyer Tax Credit deadline is November 30, 2009. This means that you have to be in possession of a HOME by that date. In Anchorage, and much of Alaska, this means that you have to close on the 29th of November in order to be Recorded by November 30th. The recording date is the official date of ownership.
If you are a first time home buyer hoping to take advantage of this Free Money from the Government, and you haven't found a home yet, you have about two weeks to do so. Any later than this, you are taking your chances of possibly missing out on the Tax Credit. This is probably not a great time to be checking out Foreclosures or Shortsales since those are notorious for taking longer to close than "normal" Real Estate transactions.
During the period of 9/19/2009 to 9/25/2009 there were 889 Active Real Estate Listings in the Anchorage Municipality. On 9/25/2009, there were 820 Active Listings. There were 48 new listings during this time, 47 pended, and 43 that sold.
For a more complete profile of the Anchorage Real Estate Market, call Vanna 907-720-4663
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