Archives for March 2017

Every year, every month, every week and every day brings new information and challenges to our local real estate market.  Test your real estate knowledge by taking this quiz.  You might be surprised by the answers! 1. How many single family building permits were issued in Continue Reading

This past week the Fed raised interest rates a quarter of a percent. A current 30 year fixed rate mortgage rate is now between 4.25% and 4.375%, depending upon where you shop and your credit score. The VA rate is 4% and six months ago was as low as 3.125%. So I can say with Continue Reading

It’s cold and windy and although spring is just around the corner, it doesn’t really feel like it so let’s take a break from our local housing market and head down south to see how the rest of the country is fairing when it comes to home values and appreciation. It’s hard Continue Reading

Alaska requires homebuilders to have a general contractor’s license plus a residential endorsement. They are also required to be licensed, bonded and insured. However, a new home buyer isn’t likely to find one of them wearing a carpenter’s belt and working on the job site. Continue Reading

According to an article in last week’s online Builder Magazine, Zillow has reported that nearly 42% of all home buyers are millennials, defined as people between the ages of 18 to 34. These first time home buyers still believe in the American Dream of home ownership and Continue Reading