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  • Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from King & Associates of Alaska, a proven Anchorage, Eagle River and Mat-Su Valley, Alaska NUMBER1EXPERT™ Top Selling real estate agent.

  • Find Anchorage, Eagle River and Mat-Su Valley Homes - Find Anchorage, Eagle River and Mat-Su Valley, Alaska real estate listings & homes for sale provided by King & Associates of Alaska, your local expert real estate agent.

  • For Home Buyers - Get home buying information, the latest listings, mortgage informaiton, expert advice, and much more from King & Associates of Alaska, a proven Anchorage, Eagle River and Mat-Su Valley, Alaska NUMBER1EXPERT™ Top Selling real estate agent.

  • For Home Sellers - Get home selling information, fsbo information, expert advice, find out what your home and other homes in your neighborhood are selling for, and much more from King & Associates of Alaska, a proven Anchorage, Eagle River and Mat-Su Valley, Alaska NUMBER1EXPERT™ Top Selling real estate agent.

  • Anchorage, Eagle River and Mat-Su Valley Information - Find local information on Anchorage, Eagle River and Mat-Su Valley, Alaska including schools reports, local maps and links, things to do, area photos, and relocation information. Local information provided by King & Associates of Alaska, a proven NUMBER1EXPERT™ Top Selling real estate agent.

  • Real Estate Resources - Find real estate related resources including real estate news, tips, dictionary, trivia, mortgage calculators and information, local real estate related services, and much more from King & Associates of Alaska, a proven Anchorage, Eagle River and Mat-Su Valley, Alaska NUMBER1EXPERT™ Top Selling real estate agent.

  • About King & Associates of Alaska - Information about King & Associates of Alaska including testimonials, guarantees, credentials, and contact information. Learn why King & Associates of Alaska is a proven Anchorage, Eagle River and Mat-Su Valley, Alaska NUMBER1EXPERT™ Top Selling real estate agent.

 

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School Reports in Anchorage, Eagle River and Mat-Su Valley, Alaska
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Real Estate Tips
About Appraisals >Fair Market Value

What is the best price for a piece of real estate? Mortgage lenders, appraisers, and real estate brokers use what is called the "fair market value" (FMV). FMV has been defined as "the price that a buyer is willing to pay and the seller is willing to accept, when both parties are knowledgeable about the property and neither is under any time pressure to buy or sell". Sounds great, but how is this price determined?

The starting point for determining a fair price may be an opinion of the value or "comparative market analysis". Such an analysis uses information on similar properties which are: 1) currently for sale, 2) already sold, or 3) expired properties (those which did not sell). Local, national and international trends and market conditions must also be evaluated.

By comparing similar properties in each of the three categories and the market conditions, appraisers, lenders and agents come very close to the maximum price that buyers would be willing to pay for a house.

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Real Estate Trivia
Q 
What are three of the best indicators of real estate market trends?

A 
Existing home sales, new home building and mortgage interest rates.
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King & Associates of Alaska, REALTOR®, real estate agent and broker for Anchorage, Eagle River and Mat-Su Valley, Alaska home listings, property and land for sale - NUMBER1EXPERT(tm)

King & Associates of Alaska
King and Associates / Keller Williams

101 W. Benson Blvd., Ste. 503
Anchorage, AK 99503
907-351-9099
Fax: 907-865-6565
rob@688king.com

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