Archives for June 2017

According to the annual Alaska Rental Market Survey, vacancy rates crept up in 2017 to 5.08% in Anchorage which is almost identical to the national average. Fairbanks, Kenai Peninsula Borough and Wrangell-Petersburg all have vacancy rates double Anchorage’s and have for the Continue Reading

The National Association of Home Builders recently published a book on Home Buyer Preferences based upon age, income and other factors. So whether you’re thinking about buying a new home or remodeling, here’s a quiz to keep you up to date on what buyers are looking Continue Reading

When I built my home on Campbell Lake, the architect and I forgot the laundry room. It eventually ended up in a tall crawl space—on a wooden platform surrounded by bare studs and insulation. When I downsized and moved to South Addition, the laundry room became a closet for a Continue Reading

If home builders are wondering what type of housing they should build in 2017 and beyond, all they have to do is read the recently published book by the National Association of Home Builders. The 124 pages with 156 pages of addendums is a blue print of home buyers’ wants and Continue Reading

1. How would you describe the Anchorage housing market? A. Declining B. Steady C. Increasing 2. Interest rates hover at Historic Lows A. True B. False 3. What is the average monthly rental rate in Alaska? A. $1,238 + utilities B. $1,338 + utilities C. Continue Reading

Anchorage isn’t the only city that’s suffering from a lack of housing.  According to the Department of Labor’s ‘Market Trends’ report published in May, the 2,100 new housing units built stateside represented a 12.5% decline from the year before.  Anchorage’s new units Continue Reading