Kenai Real Estate News

The Impact of Higher Interest Rates

by Chris Druesedow December 1, 2015

The Impact of Higher Interest Rates | Keeping Current Matters Last week, an article in the Washington Post discussed a new ‘threat’ homebuyers will soon be facing: higher mortgage rates. The article revealed: “The Mortgage Bankers Association expects that rates on 30-year loans could reach 4.8 percent by the end of next year, topping 5 percent in 2017. Rates haven’t been that high since the recession.” How can this impact the housing market? The article reported that recent analysis from found that – “…as many as 7% of people who applied for a mortgage during the first half of the year would have had trouble qualifying if rates rose by half a percentage point.” … Continue reading

Rent vs. Buy: Either Way You’re Paying A Mortgage

by Chris Druesedow November 30, 2015

Rent vs. Buy: Either Way You’re Paying A Mortgage | Keeping Current Matters There are some people that have not purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage – either your mortgage or your landlord’s. As The Joint Center for Housing Studies at Harvard University explains: “Households must consume housing whether they own or rent. Not even accounting for more favorable tax treatment of owning, homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord plus a rate of return. … Continue reading

Millennials: What FICO Score is Needed to Buy a Home?

by Chris Druesedow November 24, 2015

Millennials: What FICO Score is Needed to Buy a Home? | Keeping Current Matters In a recent article by the Wharton School of Business at the University of Pennsylvania, it was revealed that some Millennials are not looking to purchase a home simply because they don’t believe they can qualify for a mortgage. The article quoted Jessica Lautz, the National Association of Realtors’ Managing Director of Survey Research, as saying that there is a significant population that does not think they will be approved for a mortgage and doesn’t even try. The article also quoted Fannie Mae CEO Tim Mayopoulos : “I do think that there’s a sense out there in the marketplace among borrowers … Continue reading

Equity Matters A LOT… Just Ask Freddie Mac

by Chris Druesedow November 23, 2015

Equity Matters A Lot… Just Ask Freddie Mac | Keeping Current Matters There are many reasons, both financial and non-financial, that homeownership remains an important part of the American Dream. One of the biggest reasons is the fact that it helps build family wealth. Recently, Freddie Mac wrote about the power of home equity. They explained: “In the simplest terms, equity is the difference between how much your home is worth and how much you owe on your mortgage. You build equity by paying down your mortgage over time and through your home’s appreciation. In a nutshell, your money is working for you and contributing toward your financial future.” They went on to show an … Continue reading

Kenai Peninsula Real Estate

Buying or selling a home is often an adventurous and complex affair. It can also end up being a time-consuming, costly and even disappointing event if the buyer or seller is not familiar with all aspects of the process or doesn’t possess the best resources and information necessary at hand.


Chris Druesedow of Kenai Peninsula Real Estate offers unparalleled expertise and service to all clients looking to buy or sell Kenai real estate property. Your complete success and satisfaction, along with his representation and service is his number one priority. They service the entire Kenai and Soldotna real estate area and its surrounding communities.

You’ll find Kenai real estate smack on the western part of the Kenai Peninsula coast, which also sits on the boundary of the Kenai National Wildlife Refuge. It’s about a thirty minute plane trip from southwest Anchorage, Alaska. Approximately ninety percent of the area is wilderness, so it is full of breathtaking scenery, superb fishing and abundant wildlife of all that the North has to offer; truly an ideal location for outdoor types and nature-lovers.

Kenai has a rather prolific history and booming real estate market, as it is known worldwide for its oil, natural gas, ever-growing tourism and flourishing fishing industry, both commercial and private. The Borough has forty-four schools, all of which distinguish themselves with high standards and national ratings, with an impressive teacher/student ratio. The University of Alaska also manages the Kenai Peninsula Community College. Fishing and tourism services, as well as civil service, schools and various other city office positions make up the major employment opportunities in the community.

Soldotna real estate is located in the Kenai Peninsula, and is a bit rural, with the Kenai River as its natural emblem that flows right through the center of town, which makes it another must fishing spot for those hoping to snag a record breaking prize. Aside from excellent fishing, there are a slew of other outdoor activity to take part in, such as hiking, mountain biking, horseback riding, rafting and skiing. There is also a town golf course, a children’s park, swimming pools and movie theaters.

Located right on the banks of the river, the Soldotna Visitors Center is an excellent facility to gather information about local attractions and events and things to do in the area, such as the Soldotna Sports Center, where various sporting events take place, the Soldotna Historical Museum and the Centennial Park, where campsites are located, as well as nearby rodeos, baseball and softball events, hokey, ice skating and an assortment of other events and activities.

While there are a vast array of properties of many types available throughout Alaska, Chris Druesedow uses his knowledge, expertise and intuition to find his clients the perfect home at the perfect price. Depending on preference and need, the professionals at Kenai Peninsula Real Estate will not only help prospective buyers find both traditional and hard-to-find properties that are desirable and that meet their precise specifications, but help sellers, looking to sell their existing property, find the best value. Just some of the types of real estate property they specialize in include:

• Investment property
• Foreclosure
• Short sales
• Lease to own
• Condos
• Vacation property
• Lakeside property
• Waterfront property

These types of properties are displayed at Chris Druesedow’s site, with some of the best information and tools at his disposal. He will provide detailed information on all types of Kenai and Soldotna real estate and properties for sale. Find the latest news and what’s going on in the current real estate market, with blogs that provide fresh news on market activity.

Whether you’re new to the Kenai Peninsula and considering buying a home on the spectacular Kenai River, a resident buying additional property, a first time buyer or selling property, the professionals at Kenai Peninsula Real Estate have lived here for years and know the area inside and out. They understand and abide by a code of ethics, professionalism and integrity. Call or email Chris Druesedow for more information on your next Soldotna or Kenai real estate property transaction.

Real Estate Websites by Cherie Young