Alaska

The Anchorage Real Estate Market has been holding pretty steady. The list to sales ratio can be a good indicator as to how well a market is faring. The list to sales ratio is the list price of a property compared to the actual sales price. Here is a breakdown of the List to Sales Ratio for homes in Anchorage, Alaska:

MAY 2009 DATA:

$0-$199,999 97.95%

$200,000-$249,999 99.98%

$250,000-$299,999 98.98%

$300,000-$349,999 97.73%

$350,000-$399,999 98.01%

$400,000-$449,999 98.8 %

$450,000-$499,999 98.58%

$500,000-$749,999 98.24%

$750,000-$999,999 94,66%

$1,000,000+ 81.76%

Search for Homes in the Anchorage Alaska Area

Mortgage Information

How Much Is My Home Worth?

July 2, 2009

Interest Rates

Conventional 30 Year Fixed 5.25%

Conventional 15 Year Fixed 4.75%

5/1 Libor ARM 5.00%

FHA 30 Year Fixed 5.375%

FHA HUD 184 30 Year Fixed 5.50%

VA 30 Year Fixed 5.375%

Alaska Housing Finance Corporation (AHFC)

1st Time Homebuyer Tax-Exempt 5.125%

1st Time Homebuyer Taxable 5.625%

Taxable 5.75%

Veteran's Mortgage (VMP) 5.25%

Maximum Loan Amounts

Single Family Duplex Tri Plex Four Plex Conventional $625,500 $800,775 $967,950 $1,202,925 AHFC/Conventional $688,050 $690,600 $874,750 $1,037,400

FHA Limits $347,500 $444,850 $537,750 $668,250

VA/ To include VA Funding Fee

$625,500 $625,500 $625,500 $625,500

For more information on the home buying or home selling process, visit HomesByVanna.com. For a free Alaska MLS search of All the Homes on the Alaska MLS system, for more information about Anchorage, Anchorage Schools, Mortgages, or to set up a property alert, visit HomesbyVanna.com

Find out more about the $8000 first time home buyer tax credit!

How Much is My Home Worth????

*Interest Rates provided by Homestate Mortgage. Interest Rates are Subject to Change.

Interest as of June 30, 2009. This information is provided by Homestate Mortgage.

www.HomeStateMtg.com

June 30, 2009 TODAY'S RATES

Conventional 30 Year Fixed 5.375%

Conventional 15 Year Fixed 4.75%

5/1 Libor ARM 5.00%

FHA 30 Year Fixed 5.50%

FHA HUD 184 30 Year Fixed 5.50%

VA 30 Year Fixed 5.50%

To search for homes in the any Alaska city click here!

Homer Alaska: July the 4th is a Big Day for us at Bay Realty! It is our 35th Birthday/Anniversary! This is also the 10th year we have hosted a big Bay Realty Block Party! Hot Dogs for Everybody and a fund raiser for the Mariners Football Club.

The party starts at 4pm this year and the parade starts at 6pm so come get your dog and stake your spot for the parade. Music and Balloons and FUN!

The Homer Chamber of Commerce has a fine staff this year who are going all out to have the best parade ever. The theme is Alaska is 50 Years old this year so we will be celebrating our statehood as well as America's Birthday! Gay Wolfe will Sing the National Anthem and the parade will start.

The judges are on the balcony of Bay Realty so the floats all stop there to sing and dance and strut their stuff. In the past we have had some mighty fine floats and a few not so fine but we like them all!There will be fancy blue poodles and kids on bikes, the seniors will sing and dont forget the King and Queen Pioneer! And of course Mark will be there to tell us one of his sotries atop his horse!

So come one Come all Everyone is invited! It will be fun and the best parade of the year! Well at least it wont be as cold as Winter Carnival! and Noah will be here to Greet You!

Here are some of last years moments and I am sure we will have some fine times this year...rumor has it the deadliest catch guys may be back again!

A Senior Moment!... so there will be plenty of good times! Join us the 4th at 4!

COME SEE WHAT THIS YEARS PARTY AND PARADE BRING!

Anchorage Housing Market Update

What is the housing market like in Alaska? I get many of these questions from fellow REaltors from other parts of the country. Well, I have to say, we don't have too much to complain about here. It's a known fact that the housing market is as strong as the economy of a region.

In Anchorage, Alaska many of our jobs are oil based. Although oil production has declined, our eceonmy is still relatively strong. The economy in Anchorage, Alaska is also based on tourism, seafood, and the service sector. Here are some market statistics from June 20, 2009 to June 26, 2009:

Anchorage, Alaska Real Estate Market Update

As of June 26, Anchorage has 916 active listings. Through this period, Anchorage had 983 active listings. There were 87 New listings during this period. There are 60 pending from this period and 41 listings that closed.

For all your real estate needs call Vanna 907-720-4663

To search the Alaska MLS click here!