Sheila Monson, with Keller Williams and Alaska Living and Real Estate says if homeowners were ever thinking about selling, now would be the time. Monson says she has buyers that are pre-approved, with earnest money, and ready to buy. But the inventory is tight right now meaning sellers can get top dollar for their homes.
But with low interest rates potential buyers have much more purchasing power. A single point drop in the interest rate will allow a potential buyer an additional $40,000 in purchasing power.
Monson says once a home is listed it sells quickly. If homeowners wait to sell the market could change if interest rates go up.
If you are selling or looking to buy Monson is one of the top producers in the state. Reach out to her by calling 907-841-0840 or go to her website at Sheilamonson.com.