ResalesAlaska"s Capital City Realtors Report Homebuyer"s Market
Juneau, Alaska is a mid-size city where residents and visitors can enjoy all the recreation offered by the beautiful frontier.
"If you like adventure, where wildlife is abundant in your own backyard, where the winter nights display the Aurora Borealis, where water is pure as the driven snow, where endless summer days and boating, fishing, hunting, hiking/backpacking, camping, skiing (extreme or otherwise) and sightseeing are privileges, not planned events, you will love Juneau," says Realtor Janice Lobaugh. "This is reality in your day to day living, while enjoying the comforts and safety of a moderate-size city providing a stable economy. Alaska is the "Last Frontier." Come and enjoy Juneau, the Capital City."
Explains Realtor Debbie White, "Our market is still pretty active -- and there is enough time to get into your home by Christmas! Homes that are in good condition and priced well are selling very quickly. Release of the Alaska Permanent Fund Dividends are expected to help fuel the buyer"s ability to come up with closing costs and down payment. The early bird gets the worm in this market ... Buying or Selling, you need an agent who works for you! Interest rates are still low so buyers still can benefit from buying now."
Realtor Larry Telfer says, "Juneau"s real estate market is booming and responding to a classic "Supply and Demand" situation. We have a shortage of inventory and an abundance of buyers. Low interest rates are stimulating sales. This, in combination with the shortage of buildable lots, has served to further exacerbate the shortage of residential homes. As a result, we have been in a seller"s market for the last six to nine months. Residential sales prices have been appreciating as much as one-half percent per month. High prices make it a "good time to sell." Low interest rates mean a "good time to buy.""
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