What is a CMA and how does it determine your home value? 

All too often, realtors use jargon that the average person isn't familiar with. The term “CMA” is one of those terms you may have heard, but weren’t entirely sure what it meant. CMA stands for Comparable Market Analysis. This term refers to how a real estate agent determines the market value of your home before listing it on the market. 

Real estate agents come up with these values through the research of your home’s location, comparable properties in the area, and the current market trends. Unlike most commercial properties, whose value is determined by income, residential properties take a different approach.

Value: Tax Assessed versus Market

An important distinction is that there…

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Anchorage Neighborhood Navigation

Are you interested in relocating, or want to learn more about your current neighborhood? We are here to provide you with a list of different neighborhood resources to help you with making the decision that is right for you! Click on the desired neighborhood below to learn more about what it has to offer. 

A B C D E F G H I K L M N O P R S T U V W Z
A

Abbott Loop

Airport Heights

Anchor Park

Atwood Estates

Autumn Ridge

B

Baranof Woods

Bayshore - Klatt

Basher

Bear Valley

Birchwood

Birch Run

Bootlegger’s Cove

Briarcliff

Broadmoor Estates

Brookridge

Brookwood

C

Campbell Green

Campbell Lake Heights

Campbell Woods

Campbell Park

Castle Heights

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Are you looking to buy a home soon, or want to calculate what’s left on your home loan? 

Purchasing a home is one of the biggest decisions you can make, so we want to make sure you’re well informed on your decision. 

Mortgage calculators can be a very useful tool when making the decision to purchase property! This tool provides you with: 

  • A great idea of what you can expect to pay on your future home

  • An understanding of what your estimated monthly payments will looks like 

  • The ability to reverse engineer your home search to see where your ideal price range is 

  • How your down payment or interest rates will affect your payments over time 

  • It provides a rough amortization schedule 

  • Calculations…

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Written by Matthew Lindsay

 

We aim to over deliver in all of our transactions! We have a can-do attitude towards listing homes, and work to make sure we get the most for our clients in every situation. Sometimes, this means we have to get creative and be more hands on. 

We recently sold a single family, ranch-style home on the East side of Anchorage. The large family that was living there had outgrown the house, and we successfully helped them find and close on a larger home that better suited their needs.

When I say the house was too small for them, I mean it was WAY too small. They had a large family of girls living in a small three bedroom, one bathroom house. I grew up with four sisters, so I knew exactly what the father of this…

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Understanding Key Documents in Your HOA - Alaska Management Group

Written by Cliff Goughnour

The governing documents for your association contain the rules, regulations, and all other contractual terms that you and the other members are bound by. If you purchase property that is part of an association, your membership is automatic upon purchase. 

For this reason, Alaska State law requires that a Resale Certificate be provided to a prospective buyer prior to closing. In this way, a new owner is aware of what they are agreeing to, and can make a clear decision on whether the association's standards and restrictions meet their own. 

The only problem with this scenario, is that most prospective buyers don’t take the time to fully read these…

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Written by Matthew Lindsay 

As many of you may have heard, the current market is going crazy! Homes are being sold for more than their asking price, at faster rates, and at higher volumes than ever before.

If you’re a buyer, the likelihood of you competing with other offers is much higher than previous years. However, sellers are getting multiple offers, demanding a premium, and not offering many of the traditional concessions that have been seen in the past. With how hot the market has been, we have even seen buyers willing to bring cash to the table above what the appraised value is.


Pricing

The graph below indicates that this time last year, sellers were only getting about 97% of their list price. Today, most sellers are taking their full…

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