Recently, our family was gifted a Monopoly game, but not the classic one we all grew up playing. This was a recently released “Alaskan Version” of the original real estate board game. The names on the board all had Alaskan-themed streets, places, and events. For instance, instead […] The post Buying Land in Alaska: Stake Your Claim Without Making a Mistake appeared first on Wolf Real Estate ..read more

The “Three-Legged Stool” is a commonly used metaphor in personal finance referring to three primary sources of retirement income. Diversifying retirement savings helps to increase your earning ability for the future and stabilize your wealth. This stability is akin to a three-legged stool. Many people save for retirement by way of a personal savings account […] The post The Three-Legged Stool of Personal Finance appeared first on Wolf Real Estate ..read more

                Taking the leap into purchasing your own home is a big deal. It takes a lot of consideration, planning, and is likely the largest purchase you have ever made. Although it can be an intimidating idea there are several reasons why purchasing a home in Anchorage or […] The post Rent or Buy: Which is Best for You and Why? appeared first on Wolf Real Estate ..read more

In late 2022, the Fed began to increase mortgage interest rates. These increases have led Anchorage lenders to offer some alternatives to the traditional 30-year fixed-rate mortgage. An adjustable-rate mortgage (ARM) is one in which the interest rate on the loan changes periodically based on market interest rates. Examples of conservative and safe Adjustable-Rate Mortgages (ARMs) include: 5/1 ARM: This type of ARM has a fixed interest rate for the first 5 years and then adjusts annually. The interest rate is typically capped, limiting how much it can increase. 7/1 ARM: Like the 5/1 ARM, this ..read more

                  JBER (Joint Base Elmendorf-Richardson) is a military base located adjacent to north Anchorage and just 10 minutes away from the more rural communities of Eagle River and Chugiak. It serves as a hub for military operations and training in the Pacific region and provides essential support to the U.S. military’s mission in Alaska and the greater Asia-Pacific region. This joint base combines two previously separate military installations, Elmendorf Air Force Base and Fort Richardson Army base. It houses a variety of military organizati ..read more

                            The real estate market in Alaska is more seasonal than in many places. Short daylight hours and snowy weather slow our market during the winter months, but houses do sell year-round. Of course, the best time to sell your home is when you’re ready. But, if you can manage to have your property listed in the spring or summer months, they tend to be the busiest for real estate sales. Because spring and summer are hottest for real estate sales, February and March are great months to prepare to sell. Yo ..read more

You’ve finally found a home that works for you! Then you learn the seller has already received other offers. If you still want to make an offer it is essential to make it stand out from the rest. You never know what the seller’s motivation is or what the other offers are so it’s best to make as competitive an offer as you are comfortable with. Here are some strategies you can use to make your offer more appealing to sellers: Offer a Higher Price: This is the most obvious way to make your offer stand out. Consider offering more than the asking price if you have the financial means to do so. How ..read more

Receiving multiple offers on a property sale can be a challenging but exciting situation for a real estate agent. Here are some tips on how to handle multiple offers as an agent in Alaska. Communicate clearly: Keep all parties in the loop by communicating regularly and transparently. Let all buyers know that you are dealing with multiple offers and provide them with a timeline for making their offer and/or an opportunity to improve an existing offer. Evaluate each offer: Evaluate each offer carefully, considering factors such as offered sales price, financing terms, closing costs, and any offe ..read more

                  JBER (Joint Base Elmendorf-Richardson) is a military base located adjacent to north Anchorage and just 10 minutes away from the more rural communities of Eagle River and Chugiak. It serves as a hub for military operations and training in the Pacific region and provides essential support to the U.S. military’s mission in Alaska and the greater Asia-Pacific region. This joint base combines two previously separate military installations, Elmendorf Air Force Base and Fort Richardson Army base. It houses a variety of military organizati ..read more

      Wherever you live there are highlights and drawbacks which are unique to that location, Alaska is no different. From endless summer nights to living on a fault line, Alaska has its own set of pros and cons which we all have to consider when living in the Greatland!     Pros: Natural Beauty: Anchorage is surrounded by breathtaking landscapes and is close to mountains, glaciers, lakes, and wide-open spaces. Outdoor Activities: The city offers a variety of outdoor recreational opportunities such as hiking, camping, hunting, fishing, skiing, both downhill and cross ..read more