Those ‘pesky’ green cards are out to MOA property and business owners. By city ordinance, the cards must be mailed by January 15th each year and owners have thirty days from the mailing date to file an appeal. In order to do so, you must complete a written appeal form Continue Reading
Archives for January 2017
Why Do Some Homes Sell in a Matter of Hours While Others May Take Months?
The average time on the market in 2016 for the 2,950+ homes that sold through MLS was 51 days. As you might expect, homes priced over a million dollar took longer to sell—an average of 92 days—while the shortest time on the market was 36 days for homes between $225,000 – Continue Reading
Test Your Real Estate Knowledge
Welcome to 2017! There’s lots of opinions about the local housing market but facts are always better than opinions. Take this quiz and learn the facts. 1. What was the average MLS sales price of a single family home in 2016? A. $260,000 B. $306,000 C. $366,000 D. Continue Reading
The Past Is Not Always the Future in Home Sales
A fourth quarter surge in activity brought 2016 within field goal range of 2015 home sales. Yearend sales for Anchorage came in just shy of 3,000, down only 58 sales from 2015. The late fall mortgage rate jump up to 4.325% for a 30-year fixed loan jolted both buyers and Continue Reading
Some Predictions for the 2017 Housing Market
Predicting the future is always a risky task for columnists and this year, in particular, is fraught with uncertainty, from the state’s economic stalemate and how the potential actions of President Trump may impact inflation and interest rates. Nevertheless, here’s an Continue Reading