New Homeowners Should Factor in Soldotna Real Estate Home Improvements

by Chris Druesedow August 29, 2014
Soldotna Real Estate

You’ve done it: found what’s soon to become your family’s new Soldotna Real Estate home! It’s in a great neighborhood…reasonable commute…decent kitchen (size is right; definitely upgradeable). All this and it fits the budget! Congrats! Looks like your housing hunt is over… YET…before you sign on the dotted line, there should be one last check-off. Factor in all the costs that improving the house to your liking will entail. The cost of home improvements in Soldotna can be light—but since that’s not always the case, there are areas where the possible impact on your bottom line can be meaningful. For instance: Anyone who has had the experience of paying for new fencing—even for just a … Continue reading

Soldotna Real Estate Home for Sale or Not, Spring is Time for Simple Renovation

by Chris Druesedow April 10, 2014
Soldotna Real Estate, homes for sale

With spring in the air, you don’t have to have your Kenai Real Estate home for sale to catch the spring cleaning bug. Whether or not you’ve been cooped up inside for a longer-than-usual siege of the wintertime blues, as soon as the weather turns the corner, there seems to be a natural urge to open the windows and start freshening your place up. Spring also brings the traditional hot selling season, and if you’re among those getting ready to list your own home for sale to take advantage of it, you’ll want to add extra attention to the traditional cleanup. Home for sale or not, you can channel some of your annual sprucing-up energy … Continue reading

Foreclosures in Soldotna Real Estate Still Available for Careful Buyers

by Chris Druesedow April 9, 2014
Soldotna Real Estate, homes for sale

Despite the winter’s chilling effect on all sorts of sales, February saw single family homes, condominiums and townhomes selling nationwide at a full 7% increase over a year earlier. The opposite is true of foreclosures—no surprise, since the health of the market means fewer serious borrower delinquencies, hence fewer foreclosures. Even so, Alaska Real Estate foreclosures are still available, possibly because some of the fiercest competition may be tailing off. Real estate watcher RealtyTrac finds that the institutional investor buying spree appears to be losing steam—which could be very good news for individuals interested in purchasing foreclosures. Typically, Kenai Real Estate foreclosures are listed on an as-is basis — and that means exactly what it … Continue reading

No Longer Scorned, Soldotna Real Estate Piggyback Loans Find New Favor

by Chris Druesedow April 8, 2014
Soldotna Real Estate, homes for sale

It’s another aftereffect of the rise in housing prices: piggyback loans in Alaska Real Estate are making a comeback. According to a recent American Bankers Associations Report, the number of piggyback loans originated across the nation more than doubled within the past year. A piggyback loan involves taking out two mortgages simultaneously, with a home equity loan (aka “second mortgage”) ‘piggybacking’ on a first mortgage. In Kenai Real Estate home purchases, piggyback loans typically come into play when the buyer is unable to provide a full 20% deposit. Normally this would necessitate the buyer having to take out private mortgage insurance (PMI), which can be pricey. By going with the piggyback loan alternative, the Loan … Continue reading

Soldotna Real Estate Apartment Investors Eye “Gen Y” Demographics

by Chris Druesedow April 4, 2014
Soldotna Real Estate, homes for sale

Kenai real estate investors come from every kind of background, but all share a common trait: they like to think ahead. For that reason, investors eyeing Alaska Real Estate apartment building prospects may want to take a close look at what’s going on with the Millennial generation. For those of us who are a bit uncertain about which group is considered “Generation Y” and which are “Millennials,” there’s a reason for that. Both terms refer to the same group—everyone born between 1977 and 2000. And whatever you call them, they are a very important demographic. According to some statistics, they are 80,000,000 strong! That makes them a larger demo than Baby Boomers, and 20% larger … Continue reading

Responses Quicken with Quality Soldotna Real Estate Listing Photos

by Chris Druesedow April 3, 2014
Soldotna Real Estate, homes for sale

In advertising, they call the photo that glamorizes a product its ‘hero shot.’ In the case of a real estate listing in Alaska Real Estate, the pictures that accompany the written description can all be hero shots, if enough care is taken. In one Auburn University study (The Relationship between Property Price, Time-on-Market, and Photo Depictions in a Multiple Listing Service), it was found that adding a single photograph to a listing could lift the final sale price by as much as 3.9%. That’s not surprising, but what is noteworthy is that each additional listing photograph added several hundred dollars to the final selling price. In other words, it’s not just the curbside photo at … Continue reading

Staging Approaches to Boost any Soldotna Real Estate Home Sale

by Chris Druesedow April 2, 2014
Soldotna Real Estate, homes for sale

With spring already upon us, we stand at the threshold of Alaska Real Estate’s first major selling season of 2014. If you are preparing to add your own property to the Kenai Real Estate home listings, the International Association of Home Staging Professionals would like to draw your attention to some statistics that bolster their members’ proposition. None is more compelling than this one: non-staged homes remain 79 days longer on market than their professionally-staged neighbors. Still, since not everyone hires a professional staging company to work their magic, you’d think there would be a few DIY alternatives that would well worth doing. Of course, there are: and some go beyond the most well-known staging … Continue reading

Redefining What’s Hot in Soldotna Real Estate Luxury Listings

by Chris Druesedow April 1, 2014
Soldotna Real Estate, homes for sale

Charlie Chaplin always managed to mix a good measure of insight in with the silent movie knee-slappers. It was “The Little Clown” who once said, “The saddest thing I can imagine is to get used to luxury.” One way or another, we Americans have come up with a singularly surefire way to overcome that problem: we just constantly redefine what comprises “luxury”! Real estate website Trulia proves the point. Each year they count how frequently certain phrases appear in luxury listings—here in Alaska Real Estate as well as across the nation. From year to year, their findings provide an interesting measure of what’s hot and what’s not in luxury listings. Buyers Want A Room With … Continue reading

Smaller Soldotna Real Estate Houses Can Be in Sync with Lifestyle Changes

by Chris Druesedow March 31, 2014
Soldotna Real Estate, homes for sale

It just might be that a groundswell is spreading throughout the home-buying public. In Kenai Real Estate, smaller houses that used to be difficult to sell are rising in popularity, and I can guess why. First, a little history. Back in 1950, what we would consider smaller houses were the rule: the average square footage came in at just 983 (try to imagine the ‘average’ family with 2 kids, 2 adults and Lassie all shoehorned in there!). By 2006, that figure had blown up to 2,248 square feet—and we all know about the bigger McMansions—just in time for the financial meltdown. Within the next few years, for the first time ever, the upsizing trend had … Continue reading

Overprice Your Soldotna Real Estate Home: Why Not?

by Chris Druesedow March 28, 2014
Soldotna Real Estate, homes for sale

A major home-selling decision arrives right at the start: setting your Alaska Real Estate home’s price. It’s a step that can be decisive for good or for ill. But what is the “right” price? We know what it probably isn’t—it’s not the first number that pops into your head, nor is it likely to be The-Price-of-Your-Next-House-Plus-the Cost-of-a-Family-Vacation-in-Tahiti-Plus-the-New-Sportscar-You’ve-Always-Wanted-to-Own. It’s also not a price that will ‘test the market’ (to make sure there hasn’t been an upward spike in demand since the last comparable neighborhood home sold). Setting a home’s price in the right ballpark c an be easier than many people assume. You can get there by a number of different routes, most of them tied … Continue reading

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