real estate

Photo: Lex Treinen/Alaska Public Media

Real estate agents can often take a breather after the summer, when the busy season slows.

And this year's busy season was busier than ever, as buyers outnumbered listings and house prices shot through the roof.

While the market isn't quite as chaotic as it was earlier in the summer, Soldotna real estate agent Marti Pepper said those trends are still lingering as fall begins. And she doesn't see a huge correction coming any time soon.

Wonderlane/Wikimedia Commons

The federal moratorium on evictions has been extended through the end of July. That means tenants will have until July 31, instead of June 30, to get their rent payments in order without getting ousted from their housing.

The Centers for Disease Control and Prevention introduced the eviction moratorium last September, to prevent the spread of COVID-19 through homeless shelters and other congregate living. The agency has extended the order several times and said this extension will be the last.

If you've even thought about buying or selling property this spring, you know that it's a seller's market. Properties are selling well above asking price and, in some cases, buyers are even paying in cash.

Real estate agent Marti Pepper is on the Kenai Conversation today to talk about how things are going here and to share her advice on navigating today's market.

Thanks to Marti Pepper with Redoubt Realty for her perspective on the local real estate market.