I try not to do a lot of work on Sundays, but I am home with a shoulder injury today so I thought I would take a little bit of time to catch up on my blog.
It has been an interesting week for me. As I continue to ponder the thoughts of the MatSu Valley being a buyer's market, I continue to find reasons I believe it wouldn't qualify as a 'true' buyer's market. At this time, our inventory is lower than this time last year. The average price of homes sold is up a bit, interests rates have come up 1 full percentage point since three weeks ago. My idea of a true buyer's market would be lower interest rates (although I feel anything under 7 is great), LOTS of inventory and prices lower than previously priced.
I think what we have here in the Valley is a 'perceived' buyer's market as the offers I am seeing are asking for many concessions from seller's and some are willing to do so. I see much lower priced offers as buyers think they can offer what they want, but I also see sellers not willing to accept these low offers. They seem to be willing to make concessions as to closing costs and things though.
It is all very interesting to me and I will continue to ponder as the market changes.
In case you are visiting the Valley, the next couple of weeks hold many wonderful events! Fur Rondy is happening RIGHT NOW. We enjoyed a beautiful, sunny, semi-warm day yesterday and were able to watch the dog pull events. It is so amazing to see these 40 pound dogs pull 920 pounds and then watch the 200 pound dogs pull nearly 2000 pounds! We saw the snow sculptures being completed and watch people from everyone enjoying the carnival and helicopter rides. What a wonderful thing in the midst of winter in Alaska.
From the Rondy comes the Iditarod. Next Saturday, the ceremonial start begins in downtown Anchorage and on Sunday the actual start of the race begins in Willow. If you get a chance to attend either starts, I highly recommend doing so. I will be in Dallas for a conference this year so will be unable to attend, but my family will be in attendance for me as we don't like to miss this event. Last year we cheered for Matt Hayashida and will do the same this year. Of course we all love Lance Mackey and will cheer him on also. If you get a change to view the DVD made from last year's race you will be in for a treat. It is so professionally done and just an amazing addition to anyone's Alaska collection. It can be purchase through the Iditarod homepage, linked above.
It is a great week to be Alaskan! Get out an enjoy some superb events, and take a peek at some great real estate. If you need some assistance, I will be glad to help.
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