Welcome
to
AK-REIA
Alaska Real Estate Investors Association
ALERT
!
Starting
with August's meeting,
monthly
meeting day AND place are now:
Every 3rd Wednesday (Aug
20)
at mid-town Denny's
(corner of Benson & Denali)
see Online Meetings
Calendar for details
Signs of a
Market Recovery
1 - number of resales on the market fall below a 7-8 month supply;
2 - DOM (days on market) starts decreasing;
3 - permits for new homes rise;
4 - mortgage purchase applications rise;
5 - 30-year-fixed mortgage rates drop below 6%;
6 - affordability improves dramatically (ie, median home price drops);
7 - at least one major home builder "goes away ";
8 - foreclosure filings begin to fall.
We are moving in the right direction but aren't
there quite yet!
source: AZCentral.com
[full article here]
Thanks to the sponsorship of
Alyeska Title Guaranty
(907)569-2842
AK-REIA has a permanent meeting place at
3801 Centerpoint Dr, Suite 101
