Ah…must be April already. Time to get out that lawn mower, rake up those left over leaves and sweep that dirt off the driveway. Get out that Easter Bunny that lays those eggs and prop him up in the front yard and hide those eggs real good. Time to…wait a minute it’s January!! It’s forty degrees and the Super Bowl hasn’t even been played yet. Even the ice that Lester slipped on and broke his hand has disappeared. If this keeps up my plants are going to be confused again this year. I can see my lawn!
OK this leads me into this month’s talk. Listen up everyone, buyers and sellers and potential or both: interest rates ARE going to rise. If you are sitting on the fence about putting your home on the market (you can have me come by for a free Comparative Market Analysis) or getting out of the renting circle now might be the time to think about getting off that painful, pointy edge.
For sellers, the inventory in the Anchorage Bowl and Eagle River is at a low point. A very low point.
That means there is not only less out there to look at for potential buyers, but when a buyer finds a house they like, the price point, in some cases, is also the “starting” point. In addition, if your home is spruced up and ready to go, it will stand out among those who are …still on the fence.
If you are a renter, as rates climb it might just push you out of the market come Fall.
Lots to consider, and with the weather as it is we may not be waiting for the “real” Spring to begin showing off the curb appeal of houses. There just might be green grass in front of your house for Valentine’s Day. And standing on that grass just might be a buyer who wants to make your house …their new home.
If you have been thinking about buying or selling a home, please give me a call and we can talk about what would work best for you in today’s market.
Or just drop by the office, but call first so I can be prepared for your visit.
Until then, get out those skis! WATER skis that is.
Take Care,
Mary Cox
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