The Municipality of Anchorage’s six month building activity report was published last week and it’s not good news for the construction industry. Overall permits are down by $40 million. This year’s to date total is $241 million compared to $282 million in 2017. Continue Reading
Archives for 2018
Home Prices Remain Stable Due to Anchorage’s Lack of New Home Builds
The August issue of Alaska Economic Trends has confirmed what we’ve known all along and that is home prices haven’t dropped during Alaska’s three year recession. However, they do have a good take on why that hasn’t happened. As previously discussed in their July Continue Reading
Come Learn Everything there is to Know about Condos
A condo can be a single family home, a flat or a side by side duplex. You can’t always tell by looking at the structure what it is and how it is defined. Do you own the air space around the building or only the interior space between the walls? Continue Reading
Anchorage’s Million Dollar Home Market
Despite Alaska’s economic recession, more and more buyers are searching out and purchasing million dollar homes. A recent survey of past MLS sales between $800,000 and $1.25 million, revealed that 32 sold in 2016, 42 in 2017 and year to date 22 sold and 10 in pending status. Continue Reading
A Real Estate ‘True Confession’
I have been listing and selling real estate in Anchorage for almost forty years. It’s a job I love and will continue to do in the future. You would think after all those years of experience I would not make a simple mistake but I did. It has haunted me for the past several Continue Reading
What Does a Quarter Pounder and the Anchorage Housing Market Have in Common?
Well, according to the July issue of Alaska Economic Trends, the Juneau quarter pounder with cheese at $5.29 is the fourth most expensive burger in the U.S. The Anchorage burger at $5.02 fell out of the top ten and now ranks 11th. Mimicking the burger, Anchorage is also no Continue Reading
The Myth about Where Millennials Want to Live
Millennials, those born from 1981 to 1996, have been slow in embracing home ownership but much of that hesitation is now changing as they begin to marry and start families. Burdened by massive amounts of student loan debt, $1.5 trillion, according to national Continue Reading
Take Extra Step at Closing to Protect Privacy
Even though the state of Alaska is a non-disclosure state when it comes to the final sales price on a property, the statewide MLS purchase and sale agreement contains the following #23 clause pertaining to disclosure. 23) Authorization to Release Information to Continue Reading
Why Do Some Homes Not Sell As Fast As Others?
Today’s market is a very mixed bag when it comes to how fast a home will sell. Some homes sell within a few days of being listed while others languish. According to recent MLS statistics, the average time on the market for sold properties has dropped from 58 days to 49. But Continue Reading
Garage Space Versus Living Square Footage
In Alaska, everybody wants a garage and the bigger the better for that summer sports car, the motor home, the fishing boat, the wood working shop, gym, fishing gear, et cetera. But garages are expensive. On a price per square foot the sheet rocker, framer, painter, the Continue Reading
Connie Yoshimura, Owner/Broker of Berkshire Hathaway HomeServices Alaska Realty.