Today, it’s rare to find a new single family community that is not part of the Common Ownership Interest Act. Even a monument sign and landscaping at the entrance requires an association and thus a board of directors and a budget. The list of expenses that are included in Continue Reading
Archives for November 2016
The Power of Your Homeowners’ Association
Homeowners’ associations are a necessity in today’s world of residential development. Whether it’s a condominium or single family development, any new community that has a common area, including signage easements, greenbelts, perimeter fencing, is subject to the uniform Continue Reading
Is the Longer a Home on the Market the Less it’s Worth?
That may be the case in our local housing market. There are less than a thousand single family homes on the market with an average sales price of $370,000. They’ve been on the market an average of eighty-nine days. However, the average sales on the market for sold Continue Reading
New Housing Units Continue to Decline
The Municipality of Anchorage recently released its building permit summary through September 2016. As expected, it showed a continual slide in the construction of new housing units whether multi-family, duplex or single family. At the same time, according to the report, Continue Reading