Wasilla Real Estate News, Valley Market Real Estate

Wasilla and Palmer Real Estate Market, Have We Bottomed Out? April 15th, 2011

Categories: For Buyers

A couple weeks ago I wrote a post about winter trends in the Wasilla and Palmer real estate market. I was surprised to find that this past winter showed an increasing price and increased volume over the last few winters.

I wondered if that was just a winter statistic that would not hold up if I compared the entire years worth of sales.

So I have done that here. These are 12 month statistics ending on April 15 of each year.

Year	Total Sold	Median Price
2011	982	$219,000
2010	943	$212,000
2009	955	$214,900
2008	1136	$218,000
2007	1352	$215,500
2006	1346	$206,000
2005	1295	$179,900

So this shows that we have had more sales in Wasilla and Palmer this year than in the last 3 years and that the median prices are the highest in history…

I’m still not going to predict that the market will continue upward. But if the state pumps over 3 billion into the economy it might, at least for the short term.

Oh, by the way, in that post I wrote about winter market trends I also predicted that the new construction house at the top of the page would sell right away. It did…it’s pending now. But I am still showing it off this weekend in the Spring Parade of Homes. Come see me there on Saturday and Sunday. Just follow the signs across from Colony Middle School.

Written by Marty Van Diest Please leave a comment.

Targeted Marketing Solutions April 14th, 2011

Categories: Matanuska Valley Businesses

Our goal at Courtney Brooke Smith MBA consulting is to work with you to determine your business needs and provide customized solutions. Go to matsumarketing.com

Courtney Brooke Smith MBA Consulting will analzye your business and the market, and provide you with concrete suggestions to optimize customer experience and increase profitability. When you need flyers, rack cards, posters, mailers, or other promotional materials, CBS Consulting can help. We will help you structure your business information into documents that are concise, engaging, and effective.

Have you ever considered marketing your product or service through a seminar or informational gathering? Courtney Brooke Smith MBA Consulting can show you how, from training to off-site retreats. CBS Consulting can take care of the details, and let you keep your focus on running your business.

Click the flyer to expand.

Written by Marty Van Diest Please leave a comment.

Mortgage Updates April 11th, 2011

Categories: For Buyers

I receive daily and weekly mortgage updates from several different lenders. Interest rates change daily, so the quote you get from one lender today may be completely different the next day. Almost all of the lenders are very competitive. I’s really not productive to try to choose your lender based on the interest rate quote.

You need to know what the interest rate is compared to the total costs of that loan. Different lenders have different costs and each can usually adjust the costs up or down based on the interest rate quoted. If they hear you have a good rate from one lender, they can beat it by just increasing the closing costs a little.

You should find a loan officer that has good experience and that has a reputation for delivering on their promises in a timely manner and then go with them. The difference of a few hundred in closing costs now will be diminished over the length of your loan.

Below is a good example of a daily update I get from Bryan Scoresby at Wells Fargo in Wasilla.

Bryan J. Scoresby
Wells Fargo
Daily Interest Rates
April 11, 2011

Loan Product Rate

Conventional Fixed 30 5.000
Conventional Fixed 30 w/o 1.0% LO fee 5.250
Conventional Fixed 15 4.250
Conventional Fixed 15 w/0 1.0% LO fee 4.375
Conventional 5/1 ARM 3.500
Conventional 5/1 ARM w/o 1.0% LO fee 3.625

FHA and VA 4.875
FHA and VA w/o 1.0% LO fee 5.125
FHA and VA 5/1 ARM 3.750
FHA and VA 5/1 ARM w/o 1.0% LO fee 4.000
RD with 1.0 LO fee 4.875
RD w/o 1.0% LO fee 5.125

AHFC RATES
AHFC, First Time Home Buyer, Tax Exempt 4.750
AHFC, Veterans Mortgage Program 4.750
AHFC, Taxable 5.125
AHFC, First Time Home Buyer, Taxable 5.000

Interest Rates for Wells Fargo products are quoted by me based on a purchase transaction for a 60 day lock period. Rates above assume a 740 credit score without any adjusters. Refinance transactions will be slightly higher.

AHFC rates can be locked up to 180 days in advance for new construction. 5*+ new construction can get .375% off the rate for the first $200,000. A blended rate will be calculated.

Refer your clients to Bryan at: 352-5213 direct or on cell at 232-6444
To fill out an application, click on the link in my e-mail and go to my web site. The application when submitted, comes back to me.

Bryan Scoresby
Mortgage Consultant
Wells Fargo Home Mortgage | 1701 E Parks Hwy. | Wasilla, AK 99654
MAC K3239-011

Tel (907) 352-5213 | Cell (907) 232-6444 | Fax (866) 505-9025

[email protected]

http://wfhm.com/Bryan-Scoresby

Written by Marty Van Diest Please leave a comment.

Property on Wolverine Lake, Palmer SOLD April 7th, 2011

Categories: Sold Listings

This one-of-a-kind property is 5 acres with over 300ft of frontage on Wolverine Lake. Access to the property is across the lake, by floatplane, or footpath. There is a boat dock already built, along with a cute 220 sqft cabin.

There is a view of the lake and mountains and the land is pretty level. Make this a seasonal retreat for your family, or a private get-away. Fishing, hunting and many more outdoor opportunities!

Please click on the photos to enlarge them.

Written by Marty Van Diest 2 Comments »

10973 N Wolverine, Palmer SOLD April 7th, 2011

Categories: Sold Listings

This charming log home is very unique! It is built using true scribe fit Alaskan logs. 2 bedrooms, 2 baths, 1330 sqft.

This home allows a breathtaking view of the Chugach Mountains and Wolverine Lake. There is a beautiful perennial garden with waterfalls and pools. The lot is almost 5 acres of land, with frontage on Wolverine Lake.

Outdoor opportunities abound here. Go fishing, hunting, canoeing, or build a dock for great floatplane access! Build some guest cabins!
Make this one-of-a-kind home yours today.

Written by Marty Van Diest Please leave a comment.