June 2008 Summertime In Alaska

Technically it is summer. Summer solstice will be here next week and Father's Day is this weekend. But, did someone forget to turn on the sunshine? After a slow cold spring many of us convinced ourselves that sunshine would be just around the corner.
Maybe the lack of sun is the reason record numbers of buyers have been on our website looking at homes this past week? It's true there have been double the number of unique visitors on our site this week. If they are interested in buying a home in the price range above $275,000 they will find a huge selection. Take a look at the number of homes on in the Palmer Wasilla area that came on the market this week, versus the homes that pended and sold:
Total Actives New Actives this week New Pendings & New Solds this week
710 60 22 20
When there are more homes being listed for sale than are pending and selling, we are gaining inventory. This trend needs to change before we will have equilibrium in the market place across all price ranges. As I have mentioned before the bright spot is under $275,000. This price range continues to be a normal market with 2-3 months of supply. Over $275,000 continues to be a challenging market with more homes for sale than there are buyers. If you have questions about your home, email me at Kristan@KristanCole.com or call 373-3575. Kristan

Cost of Electricity by State

Here is a quick post from Pete Doty, a Highlands Ranch Real Estate agent.
There is a link in the post that compares the cost of electricity by state so you can see what other folks across the country pay. Colorado is ranked #25. What is your stats rank.

Compare Renting to Buying a Home

Click on the above title to compare renting versus buying a home. It takes about a minute but the results are very interesting!!!