Spring is great time to be putting your house on the market! The days are longer now and it seems like we all have a little more time to get things accomplished. The advantage to listing your home now is getting your home on the market before competition increases. Currently there is high demand in the market as interested rates are still very low. We have not seen a decline at this time from cut backs on slope and State of Alaska budget issues. I believe interest rates are still driving the demand, however this can change at anytime and will likely not be long before the market shifts.
If you are thinking about selling, the more conservative approach would be to do it now versus waiting.
Year to date over last year shows that from Jan 1st to March 14th there were 301 homes that went under contract last year. This year during the same time period we are at 322 pending home sales in the Palmer Wasilla area. This is a 6.5% increase in real estate transactions demonstrating the unusual strength of the market right now.
Give us a call to see what your home is worth in the current market.