Lots of articles have been written about what the ‘millennials’ are looking for in a new home, as they emerge from their parents’ spare bedroom. Spurred on by low interest rates, a better job market, and lower down payments, this 25-to-35 year old age group is slowly, but Continue Reading
Archives for May 2015
Finding Solutions to Anchorage’s Housing Crunch
Micro units are just one of the many ideas being considered in the discussion about how to solve Anchorage’s housing shortage. According to the Urban Land Institute, the micro apartment is typically less than 350 square feet with a fully functional, self-contained bath and Continue Reading
How Accurate Is Zillow’s Estimate of Values?
More than 90% of homebuyers begin their search online. The overwhelming site they rely on is Zillow which today produces over 100 million “Zestimates’ of home values based upon available public information and reports from the real estate industry on sales. The system Continue Reading
The First Quarter Was Good for Real Estate
The Anchorage real estate market is holding steady, despite a bump in residential inventory for the first quarter of this year. Sales volume jumped from $167 million to just over $189 million, a 13% increase in volume. However, to accomplish an agreed transaction, there is a Continue Reading