As you might have suspected, Anchorage inventory has continued to increase over the past few weeks. Spring and early summer is the time of year when sellers like to put their homes on the market and our uncertain economic outlook has no doubt helped increase Anchorage’s Continue Reading
Archives for 2016
The Return of the Ranch Home
As Alaska’s age profile shifts upward and the baby boomers begin to slow down and decide to stop climbing the stairs of their two story homes, the return of the ranch is upon us. Between $300,000 and $600,000 there are 44 active ranch homes listed for sale. Frankly, this Continue Reading
Stretching from C Street to the inlet, from just south of 15th to fourth avenue, downtown housing has something for everyone, from log cabins to luxury urban high rise condos in the Petersen Towers and everything in between. So far this year, there’s plenty to choose from Continue Reading
Here’s the Impact of the New Title 21
These charts and graphs tell the story better than what I can put into words. Single family permits, already on a downward spiral in 2015, are now at an all- time low of 26 for the first quarter of 2016, as builders struggle to conform to the new design requirements in Continue Reading
Should Buyers and Sellers See Each Other’s Settlement Statement?
At closing, the settlement statement adjusts buyer and seller’s debits and credits. It includes the sales price of the property, deposits made towards the purchase price and the new loan amount. Pro-rations and adjustments include taxes, daily cost of early occupancy if Continue Reading
Check Out Your Landscaping Requirements
This is the time of year when everyone’s thoughts turn to landscaping and outdoor maintenance. Whether it’s buying that Bell’s hanging basket for your deck or installing a brand new yard, each homeowner and condo association is unique in their rules and requirements when Continue Reading
No Bargain Basement Homes in Alaska’s Housing Market
Listen up, Alaska, if you’re waiting for the housing market to tank so that you can buy a bargain basement home, your wait may be longer than you think. Alaska ranks ‘Best in the Nation’ when it comes to subprime delinquencies at 6.3% when compared to the U.S. average at Continue Reading
What You May Not Know About Eagle River
According to the Chugiak –Eagle River Chamber of Commerce, the area represents an estimated 12 percent of the Municipality of Anchorage’s population. Its last estimated population was 35,600, a 38% increase over the past twenty years. Long considered a stepsister to its more Continue Reading
Mat-Su Population Growth Challenges Anchorage
According to the latest census data for 2015, Anchorage has lost 1,458 residents when compared to 2014 while her popular neighbor to the north, the Mat-Su Borough gained 1,801. How many of Anchorage’s lost neighbors became residents of the Mat-Su is hard to calculate, but Continue Reading
Why Are New Homes So Expensive?
There are many elements that go into a brand new home. What buyers see and evaluate is the structure itself. However, the land and what is underneath the land, is 20 to 30% of the total cost of the home itself. Anchorage is not really running out of land as the popular Continue Reading