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Eagle River, AK Real Estate News

By Katrina Benton, Property Marketing Specialist
(Come Home Inc)
Eagle River 4th of July Fireworks    Eagle River 4th of July Fireworks   Where: Lions Park at Mile 1.5 of Eagle River Road, Eagle River, AKWhen: Midnight July 3, 2013What: Eagle River 4th of July Fireworks Independence Day Fireworks Every year the Eagle River Lions Club sponsors this awesome community event.  This year is no different.  Eagle River residents can really take advantage of the long daylight hours at this 4th of July celebration.  There will be entertainment, games, and food in the Eagle River Lions Park.  Celebration begin at 6:30 p.m and fireworks will start at midnight.   You can find out more about the Eagle River 4th of July Fireworks.  Hope to see you there!   Happy 4th of July! ----- Katrina & The Come Home Anchorage Team   Related Event Anchorage AK Fourth of July ...
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By Katrina Benton, Property Marketing Specialist
(Come Home Inc)
Stonehaven Manor Condos in Eagle River AKFind similar condos for sale to the Stonehaven Manor Condos in Eagle River AKThese are beautiful townhouse style condos with a deck that overlooks the most delicate view that Eagle River AK has to offer. Each unit has a European flair, built rock solid with high standards of quality and efficiency, with a 5-star energy rating. These condos are luxurious at an affordable price. Luxury Condos in Eagle River AKThe Stonehaven Manor Condos are comprised of 85 units. These units have either 2 or 3 bedrooms and either 2 or 2.5 bathrooms. These condos were built from 2002 to 2005. Most units are updated and upgraded regularly. The large Stonehaven Manor Condos range from between 1,450 and 1,550 square feet. Every condo has an enclosed 2 car garage. Each ...
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By Katrina Benton, Property Marketing Specialist
(Come Home Inc)
Foreclosure Properties For Sale in Eagle River AK Daily updated list of all Foreclosure Properties For Sale in Eagle River AK. Eagle River's distressed listings rate is currently 1.6% which is significantly below the national average.  Sign up for listing alerts to get Foreclosure Properties emailed to you daily and never miss a good buy in Eagle River again! Financing Options Available It is very important to be pre-approved.  When you start bidding on homes, the property seller will NOT accept an offer without at least a pre-approval letter, so if you are serious about buying this is the first step towards getting you in your new home.  There are financing programs available with Zero down payment or a low down payment to purchase foreclosure properties.  Conveniently Located Friendly...
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By Katrina Benton, Property Marketing Specialist
(Come Home Inc)
Rivers Edge Condos in Eagle River AKFind similar condos for sale to the Rivers Edge Condos in Eagle River AK Quaint subdivision nestled in the forest adjacent to Chugach State Park and Eagle River. Comfortable Affordable HomesFloorplan features two master suites with private bathrooms and walk-in closets, one upstairs and one downstairs.  Large open office or den upstairs too! Main floor living, kitchen is open to living room with gas fireplace.  Each unit has a fenced yard, deck, and security system wired.  Rivers Edge Condos each have 2 Bedrooms, 2.5 Bathrooms, 1440 square feet, and a heated attached 2 car garage. Construction of the Rivers Edge Condos began in 2001 with the last unit completed in 2003.  Homes were built by Disotell Construction, a skilled, well known and reputable Ea...
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By Katrina Benton, Property Marketing Specialist
(Come Home Inc)
Eagles Overlook Condos in Eagle River AKFind similar condos for sale to the Eagles Overlook Condos in Eagle River AKLuxury townhouse style condos with panoramic views of the Eagle River Valley.  Super convenient Eagle River location, awesome schools, quick commute to Downtown Eagle River, JBER, or Anchorage.  Eagles Overlook Condos back up to the greenbelt which borders Eagle River.  Access walking trails with incredible views of the river and mountains.Quality Constructed Comfortable HomesBeautiful luxury townhouse style condos with unobstructed mountain views feature open floor plans, gas fireplaces, kitchens with stainless steel appliances, Corian countertops, laminate flooring, security systems, lofts for dens or offices, oversized heated garages. Large master suites feature vaulted...
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By Katrina Benton, Property Marketing Specialist
(Come Home Inc)
Search current inventory of Luxury Homes For Sale in Eagle River AK.  Listing DetailsLuxury Home For Sale in Eagle River AK25636 Denaina Drive , Eagle River AK, 99577Price: $730,000MLS number: 13-3746Bedrooms: 6Bathrooms: 3.5Square Footage: 4748You Will Love the Amazing Views From this Beautiful Luxury HomeWonderful opportunity to own a stunning home in Eagle River AK. This luxury home is a must see property that has been continually updated is ready for immediate occupancy.  Upon entrance, you will notice the custom built cherry staircase.  The gourmet kitchen had no detail overlooked when designed.  HUGE deck to take full advantage of mountain views which are utterly breathtaking. Just formal enough without being pretentious. Have older kids or parents that live with you? The lower le...
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By Katrina Benton, Property Marketing Specialist
(Come Home Inc)
Eagle River West Condos in Eagle River AK Find similar condos for sale to the Eagle River West Condos in Eagle River AK. Spacious Townhouse Style Condos 2 bedroom 1 to 1.5 bathroom townhouse style units are 900 to 1,000 square feet.  Built in 1983. Each condo has 1 or 1.5 bathrooms, 1 car garage plus one assigned parking space, and private fenced yard.  Eagle River West Condos range in value from $120,000 to $150,000 depending upon condition, updating, and remodeling. Affordable and Worry Free Living in Eagle River! Eagle River West Condos are approved for Alaska Housing Finance Corporation Financing, Conventional Financing, FHA Financing, VA and VA 000 Down Financing. Home Owner Association dues of $261 per month cover water, sewer, trash, basic cable, snow removal, grounds maintenanc...
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By Eric Bushnell, Certified New Construction Specialist
(Lee Realty LLC)
April is almost gone and May begins next week.  Wow, were does the time go.  The last day of school is just 4 weeks away and many families will be ready to move.  This is the time of year that families like to move.  So what is happening in the market? It appears that there are shoppers out there, about 3 shoppers for every buyer.  Lots of people wanting to buy a home but their afraid to won one.  The buyers are active and we have seen many offers accepted here in Chugiak and Eagle River.  In looking at the total market numbers compared to last year there was 4.5% less home sales in the first three months of 2011.  That seems to be pretty good since last year we had the first time home buyers credit available.  When we get to the end of June we will see what the true market numbers are....
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By Hope Russo
(Custom Homes in Alaska, Homes with views in Alaska)
With interest rates low and plenty of inventory it is a great time to purchase a home in Eagle River Alaska. Eagle River Alaska is just minutes from Anchorage which makes for an easy commute. It has the small town feel but with plenty of amenities. Many military families have made Eagle River Alaska their home with just being minutes from Fort. Richardson and Elmendorf Air Force Base now jointly known as JBER. If you would like to search for homes in Eagle River Alaska or other areas such as Chugiak, Anchorage, palmer or Wasilla just go to http://RussosRealEstate.com or http://GreatStateofAlaska.com                                                                                                                              
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By Eric Bushnell, Certified New Construction Specialist
(Lee Realty LLC)
March Madness is beginning and with it we eagerly look forward to spring.  In other parts of the country you may already have spring but here in Alaska, spring comes a little later in the year.  On Sunday we changed our clocks for the annual Spring forward, and this time of year this is a welcome change.  When I arrive home from work the sun is up and bright, and the sun is up well past 8 pm.  Spring is coming, and the snow is melting! We are definitely on our way to Spring.  The temps are still a chilly 10-20 degrees at night; last Saturday morning the temp was -5.  By afternoon the weather was cooperating and we were up to 29 degrees, a beautiful day.  Plenty of time for outdoor activities. As I ramble along about the weather it is important to realize that this increase in daylight ...
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By Eric Bushnell, Certified New Construction Specialist
(Lee Realty LLC)
We woke up Sunday morning and the temperature was 2 degrees, 2.  It was sunny and there was a lite breeze.  Chilly would be an understatement.  Today was the restart of the Iditarod in Willow.  The start was scheduled for 2 pm. and by then it had warmed up to 14 degrees.  It was nice and sunny as we made our way to Willow. The start in Willow was easy to get to.  This year they provided Shuttle bus service from several locations.  $2 per person and kids were free.  Not bad for a 20 mile bus trip.  We arrived in Willow with plenty of time to visit the staging area, this is were all the musher's were with their dogs before the race.  Have you ever heard hundreds of sled dogs howling at once, Wow! We wandered around and saw the sites.  We saw Martin Buser and Lance Mackey being interviewe...
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By Eric Bushnell, Certified New Construction Specialist
(Lee Realty LLC)
FHA Relaxes Anti-Flipping Rule Beginning Feb. 1, the Federal Housing Administration will provide mortgage insurance for some purchases in which the seller bought the property and held it for fewer than 90 days.The agency is changing what is known as the "anti-flipping rule" to speed up sales of renovated homes in communities with too many bank-owned and foreclosed homes, says FHA Commissioner David H. Stevens.Waiving the 90-day rule will encourage private investors to buy vacant properties, fix them up, and quickly sell them to buyers who will be eligible to buy them using FHA financing.FHA's change "is going to be absolutely terrific" for first-time home buyers hoping to take advantage of the tax credit, says Bobby Taylor, an associate with Coldwell Banker Mountain West Real Estate in ...
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By Eric Bushnell, Certified New Construction Specialist
(Lee Realty LLC)
4 weeks into the new year and real estate sales in Eagle River Alaska are steady.  There was an initial rush of new homes on the market just after the first of the year.  Many of these homes had been previously listed and removed from the market during the holidays.  So, after this initial rush, the flow of new inventory has continued at a slow pace.  This good for sellers and buyers alike; the market remains stable. The National association of Realtors came out with their latest number and the country saw a reduction in number of sales by 17% over last year at this same time.  They were anticipating the number to be closer to 10%.  This means that the housing recovery is going to take time.  I think everyone realizes this, they just wish it would happen sooner. In Alaska, we're seeing ...
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By Eric Bushnell, Certified New Construction Specialist
(Lee Realty LLC)
January 14th, 2010.  Eagle River Community Council Meeting; the meeting was held at the new Eagle River Town Center, just down the hall from the new Eagle River Library.  The Eagle River Community Council meets on the second Thursday of each month.  Last night’s meeting was lightly attended, with a majority of the participants being from the local High Schools.  There were several persons visiting from other community councils; they were there to hear the gust spear from Land Design North, more about this later. Beach Lake Regional Park Master Plan Update Meeting: February 9th 2010 6:00 - 8:30 pm Meeting Flyer Beach Lake Park Park Uses and Context Map Eagle River Town Center 12001 Business BLVD., Ste 170  Assembly women Debbie Ossiander was in attendance and gave a recap of recent deve...
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By Eric Bushnell, Certified New Construction Specialist
(Lee Realty LLC)
Here we go! Wednesday, January 13, 2010 by Eric Bushnell Today is January 13, 2010.  Wow, we are two weeks into the new year and picking up speed.  The holiday season lulled everyone into a nice happy place, and now it's time to get back to work. If you are watching the market than you know that every talking head has an opinion and very few of them are the same.  Now I going to chime in.  Just what we need right? Another talking head.  I will try to keep to what I know and what I see happening in the local real estate market. The number of homes bottomed out in recent weeks.  The lowest level of homes available for sale this decade.  That is beginning to change, the number of homes increase by 50% last week.  23 new listings, now some of these had been on the market before the holidays...
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By Eric Bushnell, Certified New Construction Specialist
(Lee Realty LLC)
"Steady as she goes" We've heard this many times.  Keep a steady but consistent pace.  Doesn't sound real sexy but it is the 'Cure for what ails you".  A steady real estate market is a wonderful thing. Homes are selling each week.  We get few new listings.  The inventory does not go up, although we could use a little more to keep the buyers happy.  The nation housing news came out today and it was positive across the country.  There are some expectations that the next couple of months will be slower.  Not here in Eagle River.  We are forecasting more people moving to the area.  As rentals become scarce many families will look at new homes.  This will fuel the construction industry and we should see new homes starts increase this year. Here are the numbers for the week of December 14Th-2...
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By Eric Bushnell, Certified New Construction Specialist
(Lee Realty LLC)
The winter selling season is in full swing and we have entered the holiday season.  These two factors are showing in the current Eagle River real estate market activity. Here in Eagle River the market activity* was consistent for this time of year.  There were just 3 new homes listed 5 homes pended(accepted offers) 2 homes closed (completed escrow contract) The current number of existing homes available in Eagle River is dwindling, and in now down to just 59.  there are several new homes under construction however the few under construction will probably not be available until the January/February time frame.  Information received from The Chugiak/Eagle River Chamber of Commerce shows local military personnel currently deployed returning in January.  There is also word that a new Battal...
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By Eric Bushnell, Certified New Construction Specialist
(Lee Realty LLC)
As we look forward to Thanksgiving, we should look back at what has transpired in our local real estate market.  We have a lot to be thankful for.  This year sales of existing homes has been steady.  As of today the number of sales is outpacing last year.  Inventory levels are well below last years numbers. Single Family Homes 350 Sales in 2008 vs. 366 Sales in 2009 Median Sales price increased from $300,000 to $305,000 4.4% increase in the number of homes sold, 1.6% increase in price Condominiums/Townhomes 76 Sales in 2008 vs. 68 Sales in 2009 10.5% drop in the number sales Median Sales price decreased from $227,000 to $222,500 The difference in condo price does reflect a lack of new construction in this segment as well as downward pressure on prices of existing condos. Construction of...
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By Peter Olsen, Rent To Own Homes, LLC
(Rent To Own Homes, LLC)
Rent To Own! 50% rent credit! Remodeled 3 br / 2 ba home in gorgeous Eagle River, AK. The home has 1600 square feet and all the bedrooms are very large! The kitchen is beautiful and very large. There is an oversized 2 car garage and the home is heated with a very efficient gas furnace. The lot is over 1/5th of an acre and is beautifully landscaped. There are beautiful southern views of the Eagle River Valley and there is a very nice wrap around patio. Rent is $1700/mo and first months rent and money down required to move in. Please contact us at 406-250-9553 with any questions! Until next time.... Pete Olsen Rent To Own Homes, LLC www.50statesrent2own.com www.activerain.com/blogs/peteolsen01
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By Eric Bushnell, Certified New Construction Specialist
(Lee Realty LLC)
What's happening in our market this week? The weather in South Central Alaska has continued to be mild and with very little rain. A nice fall, with lots of color in the hills. As you all know I was not here last week, but I did review the number for the area and I think that many people were out enjoying the extended Labor Day weekend. Here is a breakdown of what happened. Eleven (11) new homes came onto the market, six (6) homes went under contract (pending), and eleven (11) homes transferred title (closed). This weeks feels about the same, although I do not think there will be as many new listings. The rental market also continues to be very tight, with a very limited supply of homes to choose from. Current inventory in Eagle River of homes for sale is just 164. At the end of August ...
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