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Kenai Real Estate 2012 Market Report: Ten Year Comparison

January 21, 2013 By Glenda Feeken

Kenai Real Estate 2012 Market Report: ten year Comparison
Property Type: Residential, Area: 305 – Kenai, Construction Type: Existing and New Construction
Search: Kenai Real Estate

Year # Sold Avg. List Price % List Price
Change
Avg. Sold Price % Sold Price
Change
Avg. DOM
2003 65 $137,972 NA $132,111 NA 143
2004 86 $137,763 -0.15% $133,671 1.18% 148
2005 94 $141,192 2.49% $138,186 3.38% 119
2006 113 $162,388 15.01% $159,709 15.58% 62
2007 85 $155,212 -4.42% $152,224 -4.69% 60
2008 87 $201,405 29.76% $195,127 28.18% 98
2009 74 $173,840 -13.69% $167,879 -13.96% 97
2010 84 $191,537 10.18% $185,792 10.67% 121
2011 58 $194,687 1.64% $187,301 0.81% 106
2012 75 $211,274 8.52% $206,738 10.38% 135

 

Breakdown of Real Estate Market Report By Area:

All Areas

Kenai

North Kenai

Soldotna

Ridgeway

K-Beach

Sterling

Funny River

South of Soldotna

Kasilof

 

All information is deemed reliable, but is not guaranteed. Interested parties are advised to independently verify all information contained herein. © 2013 MLS and FBS. Prepared by Glenda Feeken on Tuesday, January 15, 2013 3:36 PM

 

Filed Under: Market Report Tagged With: Glenda Feeken, Kenai Home, Kenai Homes, Kenai Homes For Sale, Kenai Market Report, Kenai Peninsula Real Estate, kenai peninsula real estate for sale, Kenai Real Estate, Kenai Real estate for sale, Soldotna Real Estate, Soldotna Real Estate for sale

Sterling Real Estate 2012 Market Report: Ten Year Comparison Report

January 20, 2013 By Glenda Feeken

Sterling Real Estate 2012 Market Report: Ten Year Comparison Report
Property Type: Residential, Area: 340 – Sterling, Construction Type: Existing and New Construction
Search: Sterling Real Estate

Year # Sold Avg. List Price % List Price
Change
Avg. Sold Price % Sold Price
Change
Avg. DOM
2003 43 $167,396 NA $161,913 NA 183
2004 53 $167,456 0.04% $158,655 -2.01% 141
2005 63 $201,625 20.40% $194,810 22.79% 145
2006 73 $194,748 -3.41% $188,191 -3.40% 82
2007 60 $177,783 -8.71% $170,900 -9.19% 129
2008 51 $220,559 24.06% $208,533 22.02% 103
2009 45 $199,565 -9.52% $188,045 -9.82% 152
2010 38 $232,634 16.57% $220,860 17.45% 159
2011 47 $234,521 0.81% $220,882 0.01% 169
2012 48 $234,252 -0.11% $228,610 3.50% 138
All information is deemed reliable, but is not guaranteed. Interested parties are advised to independently verify all information contained herein. © 2013 MLS and FBS. Prepared by Glenda Feeken on Wednesday, January 16, 2013 4:38 PM

Breakdown of Real Estate Market Report By Area:

All Areas

Kenai

North Kenai

Soldotna

Ridgeway

K-Beach

Sterling

Funny River

South of Soldotna

Kasilof

Filed Under: Market Report Tagged With: Glenda Feeken, Kenai Home, Kenai Homes, Kenai Market Report, Kenai Peninsula Real Estate, Kenai Real Estate, Soldotna Homes For Sale, Soldotna Real Estate, Team Feeken

Really? You still haven’t bought a Kenai home!

January 19, 2013 By Glenda Feeken

Mreallyortgage rates are lower than they’ve been in 50 years and you still haven’t bought a Kenai home. Really?

 

Housing affordability is over 180, an all-time high when 100 is considered good and you’re still renting. Really? Are you waiting for it to get to 200? Do you think prices and rates are going to get lower? Really?

 

You know it’s costing you more every month to rent than to own. Tax savings, appreciation and principal reduction lower the monthly cost of housing and yet you’d rather let your landlord benefit…Really? Have you heard that the average homeowner has 41 times greater net worth than a renter? Do you think it’s a coincidence? Really?

 

And have you heard that most people want a place of their own; a place to raise their family; to share with their friends; to feel safe and secure. So, you’d rather go home after working hard all day to your landlord’s home. You’d prefer to invite some friends over to your landlord’s home for dinner next weekend. Really?

 

You haven’t checked out whether you can actually take advantage of the best buyer’s market ever. You haven’t invested thirty minutes to find out the facts as they apply to you and your situation. Really? You’re basing a decision on national news, chat rooms and Facebook. Really?

 

Every market is different. Every buyer is unique. If you want a Soldotna home; if you have a down payment; if you have good credit, you owe it to yourself and your family to explore the possibilities…but with a real estate professional; someone who can really show you the reasons and really give you options.

Filed Under: Team Feeken Tagged With: Glenda Feeken, Kenai Home, Kenai Homes, Kenai Peninsula Real Estate, kenai peninsula real estate for sale, Kenai Real Estate, Kenai Real estate for sale, Soldotna Homes, Soldotna Homes For Sale, Soldotna Real Estate, Soldotna Real Estate for sale, Team Feeken

Kenai Real Estate & Homes For Sale Activity Report :: 4 New Listing

January 18, 2013 By Glenda Feeken

Kenai Real Estate update 1 18 13 13-652

Kenai Real Estate & Homes For Sale: 10224 KENAI SPUR Highway Kenai, AK 99611

North Kenai Real Estate & Homes For Sale: Lot 68A Opal Street North Kenai, AK 99635

Soldotna Real Estate & Homes For Sale: 45250 Cosmosview Court Soldotna, AK 99669, 28635 Reflection Lake Road
Soldotna, AK 99669

[optima_express_toppicks id=109596 includeMap=true]

Filed Under: Kenai Real Estate :: New Listings Tagged With: Glenda Feeken, Kenai Home, Kenai Homes, Kenai Peninsula Real Estate, kenai peninsula real estate for sale, Kenai Real Estate, Kenai Real estate for sale, Soldotna Real Estate, Soldotna Real Estate for sale, Team Feeken

Soldotna Real Estate & Homes For Sale :: New Lisitings

January 17, 2013 By Glenda Feeken

Soldonta Real Estate Update New Listing 1 17 13 13-537

Soldotna Real Estate & Homes For Sale: 33365 COMMUNITY COLLEGE Drive Soldotna, AK 99669, 35831 TARA Circle
Soldotna, AK 99669, 40035 STERLING Highway Soldotna, AK 99669

Kenai Real Estate & Homes For Sale: 49957 Eider Drive Kenai, AK 99611

[optima_express_toppicks id=109545 includeMap=true]

Filed Under: Soldotna Real Estate :: New Listings Tagged With: Glenda Feeken, Kenai Home, Kenai Homes, Kenai Homes For Sale, Kenai Market Report, Kenai Peninsula Real Estate, kenai peninsula real estate for sale, Kenai Real Estate, Kenai Real estate for sale, Soldotna Homes, Soldotna Homes For Sale, Soldotna Real Estate, Soldotna Real Estate for sale, Team Feeken

Sooner Is Better Than Later For Kenai Home Buyers

January 17, 2013 By Glenda Feeken

soonorlater

Buyers who have delayed purchasing a Kenai home due to concerns about what might happen to the tax laws affecting home ownership should feel comfortable about getting back in the market. The recent legislation passed by Congress and signed by the President continues to value homes as a favored investment.

For a summary of specific real estate provisions in the “Fiscal Cliff” bill, click here.

Whether the delayed purchase is for a Kenai home to live in as your principal residence or to use as rental property, taking action sooner is better than later.

Reasons to buy now:

  • The house payment with taxes and insurance is probably cheaper than the rent.
  • Rents will continue to rise making the difference even greater in the future.
  • Lock-in the principal & interest payment with a fixed-rate mortgage.
  • 30 year mortgage terms are available to most borrowers.
  • The mortgage interest deduction is intact for the majority of taxpayers.
  • The capital gain exclusion for principal residences up to $500,000 remains in place.
  • Prices are going up due to lower inventories and several years of low housing starts.

Contact me about any specific questions you have or information you need.

Filed Under: Kenai Real Estate News, Team Feeken Tagged With: Glenda Feeken, Kenai Home, Kenai Homes, Kenai Peninsula Real Estate, Kenai Real Estate, Soldotna Real Estate, Team Feeken

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About Team Feeken

Full time professional real estate agency serving the needs of Kenai, Soldotna, North Kenai, Sterling, Kenai River and surrounding areas for over 39 years. Specializing in residential homes for sale and commercial property. … Read More

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Glenda Feeken, Jared Potter with RE/MAX of the Peninsula
10767 Kenai Spur Hwy Ste A, Kenai, AK 99611
Office: 907.283.5888 • Cell: 907.252.2743
Site: www.kenaihomes.com

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