According to the latest statewide MLS statistics, homes sell within 98.04% of their current asking price and within 95.90% of their original asking price. How your home is priced when the for sale sign goes up plays an important role in the number of showings and how Continue Reading
Archives for March 2016
Anchorage Builders ‘Feel the Burn’ of the New Title 21
According to the Municipality’s own assessment, Anchorage annually needs 909 new housing units which include multi-family, duplex, and single-family. Since 2008, when they began the needs assessment, Anchorage has fallen far short on meeting the acknowledged goal, and this Continue Reading
Why 2016 is Not Like 1986
There’s been lots of talk from a wide variety of experts about the demise of the housing market in 2016 and comparing it to the real estate crash of 1986. But, there’s one important difference that everyone seems to have forgotten. In 1986 mortgage interest rates were 10.19 Continue Reading
What Can You Buy for $500,000?
It’s a big number—half a million dollars! Yet, in 2015, one hundred and forty-nine home buyers took the leap and bought homes in Anchorage between $450,000 and $500,000. So what did they get for half a million? Homes in this price point almost always have four bedrooms, 2.5 Continue Reading
Should You Buy a Second Toaster?
Every time I take a break from real estate and head to the island of Kauai and Poipu Beach, I end up thinking about buying a second home at the end of the road of Paradise, or at least one of those almost historic ranch homes in the little town of Waimea. That, however, Continue Reading
How to Get What You Want in a New Home
All across the nation (and Alaska being no exception), buyers are demanding extras, upgrades, and changes to stock housing plans that have been the mainstay of builders profitability for the past twenty years. In the financial uncertainty of homebuilding, repeating a plan Continue Reading