| Market Commentary Provided by Andrea Gribbin |
| Report Date | Fall 2009 |
CONNECT WITH A LOCAL PROFESSIONAL
Andrea Gribbin
Prudential Jack White Anchorage, Alaska 907-223-5824 Andreagribbin@gmail.com Agent Home Page |
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| Nearest Metro Area | |||||
| Buyers’ or Sellers’ Market | Equal buyers and sellers | ||||
| Average Time on Market | 60-90 days | ||||
| Market Trend | Decreasing | ||||
| Housing Inventory | Limited Supply | ||||
| Average Home Price | $325,000 - View Graph Trend | ||||
| Best Selling Price Range | |||||
| Worst Selling Price Range | |||||
| Compared to Last Year | Up 10-15% | ||||
| Prices As % of Asking Price | 95-100% | ||||
| Multiple Offers? | Yes | ||||
| Greatest Activity | Repeat Buyers | ||||
| Buyer Activity for the past 90 days in Anchorage is | |||||
| Seller Activity for the past 90 days in Anchorage is | |||||
| Is Financing Available For Qualified Buyers in Anchorage? | |||||
| Existing Home Prices for the past 90 days are | |||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | |||||
| Housing Hot Spots | Downtown Anchorage, Bootleggers Cove, Inlet View, Old Turnagain, South Anchorage, Hillside, Potter’s Marsh and don’t forget Mid-town. For investment I would keep in mind Fairview, Mountain View and any home with a view. | ||||
| Reason to Buy/Sell | Other | ||||
| Average Sold Price | $325,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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