Kenai Real Estate First Time Home Buyers Resume Strong Buying Patterns

by Chris Druesedow July 21, 2014
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The upheaval in global financial markets over the past few years may have been unnerving for almost everyone, but among the hardest-hit group was first time home buyers, in Alaska Real Estate and across the country. Many had to deal with the stress caused by an uncertain economy, the fallout on business and job security, and, more directly, a pronounced increase in the difficulty of securing mortgages. The good news for Alaska Real Estate first time home buyers is how the national situation has stabilized. It’s confirmed by the increase in the number of people interested in buying a home for the first time—which has climbed out of the slump. The latest NAR (National Association of Realtors®) annual Profile—a … Continue reading

Creative Upgrade Ideas Make Selling a Kenai Real Estate Home Easier

by Chris Druesedow July 15, 2014
Kenai Real Estate

For owners who are contemplating some major upgrades with an eye to eventually selling a home in Alaska Real Estate, there’s always the question of where to do the upgrading. Last year, the National Association of Home Builders weighed in with a study of what today’s home buyer “really want”—which supplies some guidance that may be helpful. Although the findings aren’t directly applicable for every home, the concepts that were cited as most popular can be informative, particularly to creative-minded homeowners ready to take a fresh look at how they might add allure and value to their property. While the kitchen remains the top location for upgrades, there are several other valuable options for adding … Continue reading

Good News for Some FHA Applicants with Kenai Real Estate Foreclosures

by Chris Druesedow July 11, 2014
A nice entrance of a luxury house

There is encouraging news for some prospective homeowners with an Alaska Real Estate foreclosure in their recent past: more common sense seems to have entered the picture. The financial crisis that began in 2007 caused global disarray: across the U.S. (and Alaska Real Estate was no exception), large numbers of responsible homeowners were clobbered by the fallout, often finding their incomes suddenly reduced or even obliterated as business cutbacks and closings reverberated through the economy. The Real Estate Kenai foreclosure rate jumped as a direct result—and it’s taken quite a while for the effects of that to work through the system. But even after the economy has resumed something like normal activity, more than a … Continue reading

Selling a Kenai Real Estate Home—Little Things Can Be a Big Deal!

by Chris Druesedow July 1, 2014
Fragment of a luxury house with a garage door in Vancouver, Cana

This summer, success in selling a home in Alaska Real Estate will depend upon the same factors as always: location; quality; buyer appeal. A home’s location—short of calling in the house movers—is pretty much what it is. The structural quality of workmanship and the level of maintenance that it’s received though the years can be gussied up where it shows (and should be!), but that, too, is largely a done deal. Which leaves that other factor in selling a Real Estate Kenai home—the little things that reach out to appeal to buyers. The difference between receiving a swift offer and not can hinge on what makes your home more desirable than others in its price … Continue reading

Kenai Real Estate Rental Property Investments—They’re Out There!

by Chris Druesedow June 23, 2014
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 When any investor first begins to mull over the idea of acquiring a rental property in Alaska Real Estate, it’s usually in competition with an array of other investment types—each with its inherent plusses and minuses. Some of them are new ideas (new technology company stocks; new forms of commercial exchange)—but real estate is definitely not one of those. It may not be innovative, but being a landlord has always been one of the leading sources of passive income. What is exciting about rental property is why it has always been recognized as a sound investment. When the income from a Kenai Real Estate rental property is able to pay for its own underlying mortgage, … Continue reading

Finding Reasons If Listing Your Kenai Real Estate House Hasn’t Succeeded

by Chris Druesedow June 19, 2014
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Listing your house in Alaska Real Estate anew after it’s lingered on the market for a while can bring surprisingly quick success…with the right tactics. The truth is, if a home hasn’t sold in today’s market, there is usually an identifiable reason. Here are some tips that can reverse what happened when listing your house the first time failed to strike pay dirt: • Compare prices of comparable homes that have sold in your neighborhood, and use those as the benchmarks. If your area listing was priced to allow 10-20% for negotiating room, that’s the likely culprit. Consider listing your Real Estate Kenai house at 1% to 5% below your competitors—it’s a proven way to … Continue reading

Are Kenai Real Estate Home Prices Still Undervalued?

by Chris Druesedow June 17, 2014
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For the past two years national home prices have risen sharply, which might lead to the conclusion that they are overpriced. In fact, if we’re to believe the most recent report by real estate website Trulia, they are still 5% undervalued when measured against long-term fundamentals. So will this summer’s home prices in Alaska Real Estate be broaching unsustainable levels—or will they be reasonable? The Problem of Measuring Only Home Price Increases Real estate price increases by themselves are poor indicators of over- or undervalued real estate. Because of the headlong drop in real estate prices in 2007, throughout most of the country, prices have increased significantly without approaching the previous highs. A well-publicized example … Continue reading

Upping a Kenai Real Estate Home’s Value without Cratering Finances

by Chris Druesedow June 13, 2014

Especially when it comes to major decisions like buying or selling your home, human nature seems to tilt toward delaying action until it’s the end result is absolutely certain. After all, nobody wants to make a life-changing move that turns out to be anything short of fantastic! So even when you’ve outgrown your current home…or found yourself in a daily long-distance commute because work has moved…or any number of other reasons why you know you should be looking for a new house…it can be difficult to commit to such a looming decision. Adding to that is one of the most common assumptions many Alaska Real Estate homeowners believe: that they have to spend a boatload … Continue reading

Housing in Kenai Real Estate May Be Headed for a Transformation

by Chris Druesedow June 12, 2014
Home, real estate and family concept

Of the things Americans take for granted, one of the least questioned is the future availability of familiar housing circumstances: housing that’s ‘like where I grew up.’ For urban dwellers, that might be an apartment or condominium; for others, a single-family home—a house with a yard, or perhaps a farm or ranch house. It may be time to re-examine that whole idea. Over the past few years, there has been a significant increase in multi-generational living arrangements. We read and hear a lot about the housing situation that sees many young adults now living with their parents—but that’s not the whole story. Seniors are increasingly likely to live with their children. The latest census housing … Continue reading

Moving to Kenai Real Estate Means Vetting Reliable Carriers

by Chris Druesedow June 11, 2014
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Moving to Alaska Real Estate (or moving to anywhere) is adventure enough without including one of the moving company scams that are all too common. It seems hard to believe that unscrupulous carriers can continue to operate, but the fact is, there are a lot of them out there. If you will be moving to Kenai Real Estate anytime soon, you don’t have to worry about any of the rip-off artists if you follow some straightforward guidelines: 1. Check the FMCSA The Federal Motor Carrier Safety Administration runs a household goods program designed to aid consumers. Their website includes a search feature that records past complaints for known companies…but be aware that only interstate movers … Continue reading

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