Alaskans living in the state’s largest city are paying some of the highest prices to rent a home in the nation. Currently, rent for a three-bedroom home in Anchorage has a median price of more than $2,000 per month. For those who choose to rent instead of buying, that $2,000 a month or $24,000 per year goes to pay the mortgage and build equity of someone else, not the renter.
Realtor Sheila Monson says now is the time to buy a new home instead of wasting your money on rent. Monson, who had a better January than any other single agent in the state of Alaska that is listed with the MLS, says the economy is strong and conditions are good for buying a home.
“The economy is strong and interest rates are pretty darn low. What I'm getting from my lenders is everybody anticipates 2020 to be a great year to buy a home,” said Monson. “Favorable interest rates also mean it's a great time to sell your home.”
Monson, who is well known for her real-estate classes for both buyers and sellers, says Alaska’s all-time record low unemployment inspires homebuyers to take that leap into becoming a homeowner.
Monson recommends you call her now to set up a private consultation and get the ball rolling on becoming a homeowner or selling your home. Her number is 907-841-0840. Check out her Alaska Living and Real Estate blog at SheilaMonson.com.