Fairbanks area housing market main topic at Chamber Luncheon

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FAIRBANKS, Alaska The Fairbanks area housing market was the main topic at today's Chamber Luncheon.

With the F-35's coming to Eielson Air Force Base, the Fairbanks area is slated to receive over 3,000 new residents by 2021. All of these new people need some place to stay, causing a dramatic growth in the housing market around Fairbanks, and especially in the North Pole, Badger and Salcha area.

Angie Tallant, owner of Somers and Associates Realtors said that they are seeing an increase in homes being built and sold but are still around 600 homes short. She also said that home values are appreciating due to the increase in residents.

Tallant encourages people who are looking to buy property to find a real estate person they like and make sure to do their research before buying.
"And if they are wanting to buy, now is the time to do it," Tallant said. "Next year the house prices are just going to increase and hopefully every year there after as well."