Despite job losses and Alaska’s mild recession, the Anchorage housing market has held steady in 2017. The number of residential sales has declined only three percent compared to 2016 sales. However, the average sales price has remained constant at $365,000+. Days on the Continue Reading
Archives for November 2017
Changes Coming to the Accessory Dwelling Unit Ordinance
Still awaiting a hearing before the local Planning and Zoning Commission is an amendment to the Anchorage Municipal Code, Title 21, modifying Accessory Dwelling Unit (ADU) Regulations. Originally scheduled for Oct. 2 and rescheduled for Nov. 13th, it was postponed again due Continue Reading
Foreign Home Buyers in Alaska?
As can be expected top destinations for foreign buyers are the sunshine states of Florida, California, Texas and Arizona. However, in a little heralded survey in 2015, published by the National Association of Realtors, Alaska ranked number #6 as a destination for foreign Continue Reading
Proposed Changes to the Mortgage Interest Deduction
The Anchorage real estate market will take a hit if changes to the beloved mortgage interest deduction includes a reduction from $1,000,000 to $500,000, as currently being proposed by Congress. Although still up for debate in the U.S. House and Senate, there’s probably at Continue Reading
Dwell Realty is on the Move
You have probably heard from me on Facebook that we’re moving our offices to the Tatitlek building on Dec. 1st. Negotiating the lease terms, planning the TI’s has been quite a challenge and I have learned a lot about commercial real estate in the process. Selecting the space Continue Reading
Let’s Talk About Lots
Mark Twain said it best, “Buy land because they don’ t make any more of it.” That still rings true to this day except for Dubai where they are creating islands in the ocean for high rise development. But, back here in Anchorage, Alaska, buyers are frustrated even trying to Continue Reading