Anchorage Real Estate: Navigating Market Trends and Emerging Opportunities
Precision Real Estate
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3w ago
anchorage real estate NAVIGATING MARKET TRENDS AND EMERGING OPPORTUNTIES The residential market as a whole has been dealing with low inventory and still higher interest rates. Currently, in Anchorage, we have 20 less active inventory on the market, moreover, we have seen 43 fewer sales year to date than last year. For new homes that hit the market that are updated, in good condition, priced correctly, and marketed well, we are getting back into the multiple offer scenarios. Because of the lack of inventory, sellers aren't paying much in concessions. We are also starting to see many off-market ..read more
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January Luxury Market Update
Precision Real Estate
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2M ago
January Luxury Market Update Currently, there is a lot of mystery about what's going on in the market. People see crazy headlines and are getting concerned and rightfully so. However, we expected this as we all saw the signs as the rates started to climb as the feds tried to slow the rate of inflation. Across Alaska and the nation, we are still seeing the same low supply we have been experiencing all year. Nationally our housing inventory is down about 20 from 2022 and in Alaska that number is closer to 35. That low inventory, mixed with the same demand, has steadily increased prices and ..read more
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Happy Holidays ❄
Precision Real Estate
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4M ago
Happy Holidays ❄ Currently, there is a lot of mystery about what's going on in the market. People see crazy headlines and are getting concerned and rightfully so. However, we expected this as we all saw the signs as the rates started to climb as the feds tried to slow the rate of inflation. Across Alaska and the nation, we are still seeing the same low supply we have been experiencing all year. Nationally our housing inventory is down about 20 from 2022 and in Alaska that number is closer to 35. That low inventory, mixed with the same demand, has steadily increased prices and kept a competitiv ..read more
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October 2023 Market Update
Precision Real Estate
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4M ago
October 2023 Market Update Currently, there is a lot of mystery about what's going on in the market. People see crazy headlines and are getting concerned and rightfully so. However, we expected this as we all saw the signs as the rates started to climb as the feds tried to slow the rate of inflation. Across Alaska and the nation, we are still seeing the same low supply we have been experiencing all year. Nationally our housing inventory is down about 20 from 2022 and in Alaska that number is closer to 35. That low inventory, mixed with the same demand, has steadily increased prices a ..read more
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August Luxury Market Update
Precision Real Estate
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4M ago
August 2023 Market Update We are coming towards the end of summer here in Alaska, and before you know it, fall and winter will be setting in. The state fair is starting soon, school is about to start back up, and moose season will be starting before you know it. As we all work to get our last moments of summer in, the same can be said about home buyers trying to find the perfect property and close before the snow flies.   Across Alaska and the nation, we are still seeing the same low supply we have been experiencing all year. Nationally, our housing inventory is down about 20 from 20 ..read more
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Meet Noah Loveless - Real Estate Agent
Precision Real Estate
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7M ago
Agent Highlight Series Having a better understanding of who you're working with is paramount, and we want to make this process as easy as possible for you.Take a moment to get to know Noah a little better by reading his response to these interview questions: What made you decide to become a real estate agent? I  chose to become a real estate agent to learn everything there is to know about real estate transactions and to provide clients with world-class knowledge and service. In addition, I wanted to learn the art of sales, marketing, lead generation, and effectiv ..read more
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July Luxury Market Update
Precision Real Estate
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9M ago
   2023 Midyear Market Update   Quarter 2 is now over and we are rushing into the second half of 2023. It's been an interesting summer so far here in Alaska with tons of rain and one of the cloudiest summers we have ever had. As Alaskans though, we are still getting out to adventure and making it work. That same Alaska Spirit is also being applied to our local housing market. During covid we saw artificially held down low interest rates, rates none of us have seen in years. Immediately following we saw a steep increase as the markets corrected and now we have seen some market st ..read more
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Find the Perfect Neighborhood
Precision Real Estate
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2y ago
There are many things you can change about a home, but location is not one of them. Just as the look and “feel” of the home is essential to your satisfaction, so is the neighborhood you choose to live in. The perfect neighborhood is out there -- it just takes a little bit of planning and research. For example, if you are an avid outdoor enthusiast, then neighborhoods such as Southpark Bluff, Sahalee, or Scenic Park might be a great option. If you hope to be close to the water for gorgeous scenic views, then Turnagain Heights, Westpark, or Seascape would be a great fit If simply being close to ..read more
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Seller Resources
Precision Real Estate
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2y ago
There are a lot of factors to consider when putting your home up on the market, and we want you to be informed to make the best possible decision. We have an abundance of resources to help you along the way, so you can put your best foot forward in selling your home. Here are some tips to get started:  Sell Your Home with a Professional Our tried and true marketing plan will take the guesswork out of selling your home. See What's on The Market Use the search tools on this site to get an idea of the competition. Comparative Market Analysis  This is how real estate agents determin ..read more
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The Importance of Using Social Media - Precision Real Estate
Precision Real Estate
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2y ago
Creating meaningful social media content to post on social media is important for retaining your audience and setting yourself up for a larger client base. In order to be successful at posting content, you need to have a balance of work and personal life. We want to let you in on a few rules you might want to consider following as a working professional. Use the majority rule to keep you on track for having a successful, systemized social media account. A large majority of your content should be community and lifestyle based, and the rest of your content should be related to business and real ..read more
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