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April Showers Bring Inventory Struggles

by Mehner Weiser Real Estate, LLC.

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Hello 


April showers bring inventory struggles. As the inventory story continues, so does the decline of home sales and rising prices according to the RE/MAX National Housing Report. Home sales have declined for the fourth month in a row. For the 24th consecutive month, home prices have gone up! Why? Because of the number of homes on the market is at a record low. You can read all of the details in the full housing report here.

What’s all this mean for you? If you’re selling, it continues to be your market. Homes that are on the market are selling fast and generally at a higher price. If you’re buying, there’s still good news despite the low inventory. March recorded the second-highest month in sales in the history of the RE/MAX National Housing Report. I’d be happy to help you navigate the market to find your home. Give me a call or reply to this email.

As always, thank you for trusting me for all of your real estate needs.

 

Have a great day,
Bethany Weiser

Monthly Market Statistics
National Market Map

5 Signs It's Time to Sell Your Home

by Mehner Weiser Real Estate, LLC.

5 Signs It's Time to Sell Your Home

Have you outgrown your home? Or has your home outgrown you and your household? Fewer and fewer families expect to stay in their first or second home for the long haul. Here are some factors to determine if you're financially and emotionally ready to sell your house:

  1. Growing or shrinking household -- Are you about to welcome a new baby or take in aging parents? Maybe you're sending your youngest off to college. In any event, if your living space has become too cramped or grown beyond your needs, it may be time to make a move. 
  2. Plenty of home equity -- Subtract the value of your home from the amount you have left on your loan. What's left over is the equity -- or the amount you'll have post-sale. After you sell your home, you'll be a buyer again, so having some funds to put down is key. 
  3. Interest from potential buyers --You'll want to list when you know buyers are looking. Some experts say late spring is the ideal time to sell, but peak seasons vary by region. Milder weather can increase buyer interest, but that also means more competition from other sellers. 
  4. Changing circumstances --Location matters. Whether your neighborhood dynamics are changing, you're unhappy with the schools in your area or a new job significantly increases your commute, your community needs to fit your lifestyle. 
  5. Home improvements --Renovations may be a wise investment, but it's best to avoid listing your home in the middle of a project. If you plan to sell your home as is, completing some minor home updates such as new paint and fixtures can be a huge selling point. 

Moving is a big decision, one that requires careful consideration. If your needs have changed since you bought your home, don't hesitate to get in touch.

Why Spring Is the Best Time to Sell or Buy a House in Anchorage, AK

by Mehner Weiser Real Estate, LLC.

When people wait until summer to sell or buy a house, they are missing out on the prime springtime options. Contrary to popular misconception, spring is actually the best time to participate in the Anchorage, Alaska residential real estate market. Bonnie Mehner and Bethany Weiser with Mehner Weiser Real Estate at RE/MAX Dynamic Properties recommend getting started earlier in the year, whether you are buying or selling.

The Anchorage, Alaska Springtime Market Advantage

Why Buy a House Now?

In the unique Alaskan climate, the real estate market tends to heat up the same time the weather does. While winter turns to spring, locals decide that the end of harsh weather makes it the perfect time to relocate. Perhaps they want to move to warmer climates or have been waiting to start the moving process until the holidays are over. Either way, this results in many houses getting put on the market all at once, leaving buyers with plenty of options. Lenders in the area know that the market boom is coming, so they are willing to send more money to the Anchorage market and approve buyers for loans.

Why Sell a House Now?

buy a houseBuyers know the influx of homes is coming in the spring, so this is the time when they start looking in the area. They are getting their loans approved, so they are ready and able to purchase. If you wait until summertime to list your home, you may miss out on a large pool of potential buyers, who have already struck deals in the spring.

Don’t miss out on the incredible springtime market in Anchorage, Alaska! Contact Mehner Weiser Real Estate with RE/MAX® Dynamic Properties at (907) 261-7632 to prepare now and strategize the best way to sell or buy a house. With over 50 years combined experience in the local market Bonnie and Bethany know how to target the right buyers and will advise you on the best properties that fit your needs.

3 Ways a Real Estate Agent Helps With Selling a Home

by Mehner Weiser Real Estate, LLC.

3 Ways a Real Estate Agent Helps With Selling a Home, Anchorage, Alaska 

If you're preparing to sell a house, you may have a long to-do list to finish before it's ready to hit the market. At the top of that should be hiring a qualified Realtor® to give you the most profit. Here are a few ways working with a real estate agent will benefit you. 

How a Real Estate Agent Assists With the Home Selling Process


1. Set a Realistic Price

One of the most important aspects of selling a home is choosing a realistic price. By setting it too high, buyers are likely to not even consider your home as an option. On the other hand, if you set the price too low, you risk losing money on your investment. A real estate agent will use their experience, knowledge, and market analysis tools to determine the right price for your property. 

2. Be Competitive

3 Ways a Real Estate Agent Can Help With Selling Your Home | Mehner Weiser Real Estate in Anchorage, AKAn agent also helps make your home more competitive. They're immersed in the local real estate market, which gives them unique insight into what buyers want. They will utilize this knowledge to advise you on which upgrades to make to entice buyers and how to effectively stage your home. 

3. Reach Buyers

For both traditional and new media formats, agents understand what aspects of the home need to be highlighted to attract buyers for a viewing. They also have a built-in audience from their previous work within the community, which gives your home's marketing efforts a wider reach than advertising on your own. 


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Contact Information

Photo of Mehner Weiser Real Estate, LLC Real Estate
Mehner Weiser Real Estate, LLC
RE/MAX Dynamic Properties
3350 Midtown Place
Anchorage AK 99503
Bethany (907) 223-1632
Bonnie (907) 223-0005