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Old 08-21-2007, 07:26 AM
 
18 posts, read 67,376 times
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As we are moving to Anchorage in the next couple of months from Canada, I am debating whether to buy a house or to try and lease instead, due to the unfolding subprime issue..........any ideas on how it's playing out in Anchorage so far? Is it a buyers or a sellers market and has it shown any signs of slowing down lately? Thanks for your help - it's hard to get this kind of information off the internet...I've tried!
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Old 08-21-2007, 08:02 AM
 
115 posts, read 614,417 times
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Think sellers market (when everyone wants to move) - buyers market when things slow down the closer it gets to Fall and Winter after school has started. The financial market is not restricted to a particular state or states or country for that matter. It is the type of loan you get that might get a person in trouble. If you have a good size down payment and get a fixed term loan p&i you will be OK. You might also give preference to getting a loan with a bank and not the others.
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