Feb 13, 2015

Price Correction in the Anchorage Market?

In the Anchorage housing market, we saw a price correction in 2008.  We always tell buyers and sellers we don't have a crystal ball to predict the future but we do have is hard data that is reported including the average sales price.  In my opinion, that is the key factor in predicting a future price correction, or a decline in values. 

In 2005 we had 12.39% increase  in sales prices.  In 2006, 7.98% increase and then in 2007 we saw 3.71% increase in values.  By 2008 we were declining in price by .35%, and again in 2009 by 1.5%. 

When values increase by more than 4% per year, that is not sustainable in most markets and you will see a price correction.  The government and our economy know that 4% is the key to a healthy economy and housing market.

Here are the the increases in the average sales prices in the last 3 years:
2012      4.77%
2013      2.95%
2014      3.23%

That's pointing us to a very healthy Anchorage housing market and since I lost my crystal ball years ago, my expertise of over 9 years selling real estate and researching current and past data, 2015 should be another steady and stable housing year for us.  Buyers should consider buying and not be scared of a market crash.  Interest rates are still incredibly low and you can lock in your housing cost for years to come by purchasing a great deal today!

Get Your Free Copy of The MREI or HOLD!

I have a special offer for all my amazing clients and friends!  If you are interested in buying an investment property or you just want to learn more about how to get the best deals to lock in future wealth for you and family, follow the email link below and a copy of the book will be mailed directly to your home!  Please include your phone number and your mailing address and whether you'd like MREI or HOLD!!  Quantity is limited to 20 books so don't delay, get your free copy today!

brandi@thecroomteam.com   OR you may text me your information to 907-317-1992! 

First up is Millionaire Real Estate Investor!

Anyone can do it...not everyone will...will you?

Based on extensive research and interviews with more than 120 millionaire real estate investors, Gary Keller's "how-to" guide reveals the models, strategies and fundamental truths millionaires use to become wealthy through real estate. But the New York Times bestseller isn't just about real estate. It also takes a hard look at the money myths that hold some people back from financial freedom, and the money truths that let others soar.

MREI explores the "MythUnderstandings" about the way people view investing. For example, despite what most people think, investing by definition and design is not risky. Millionaire Real Estate Investors employ time-tested strategies to avoid risk and, in the end, take luck out of the game.

Next Up is HOLD: How to Find, Buy, and Hold Houses for Wealth

Take HOLD of your financial future!

Learn how to obtain financial freedom through real estate. The final book in Gary Keller’s national best-selling Millionaire Real Estate Investor trilogy teaches the proven, reliable real estate investing process to achieve financial wealth:

1. Find – the right property for the right terms and at the right price.
2. Analyze – an offer to make sure the numbers and terms make sense.
3. Buy – an investment property where you make money going in.
4. Manage – a property until it’s paid for or you have a large amount of equity to leverage.
5. Grow – your way to wealth and financial freedom.

Feb 6, 2015

The Best Time to Buy a Home in Anchorage!

A friend emailed me this week and asked my opinion on whether it would be better to wait to buy until summer or is now the time to buy!  Let's look at the last three years and see when the average price peak and when it fell:

                          High                Low
2012                  April               February
2013                  July                 February
2014                  May                February

Why is February always the low month?  These prices are recorded as of the month the house closes, so back out of February 45 days for closing and you hit right around Christmas time.  If a seller has a home on the market during Christmas, do you think there is a lot of competition for them to get the few buyers shopping during the holidays?  You bet!  So they are likely more negotiatable but other than that one holiday we don't see a big change.

Top 4 Safety Items For Sellers and Homeowners!


Certain safety issues have been popping up time and time again this year for my sellers and buyers so whether you are thinking of buying or are a current owner, these items should be taken care of today!  Don't wait until you are selling a home, these will protect your families safety!

#1- Steel Barrier Post
The Municipality of Anchorage requires a steel post in front of your gas appliances in the garage.  It's simple and inexpensive to install!  But you do need to have a drill that can drill holes in concrete so hire a handyman if you don't have the right tools.  The post can be purchased from