That’s because inventory always increases in the summer and this year is no exception. Plus, there are fewer buyers in the market during June and the first part of July because everyone is camping, fishing, kayaking, hiking, including entertaining friends and relatives Continue Reading
Archives for 2018
New Construction Activity Down in 2018
The MOA building safety report, which compiles all new construction activity requiring a building permit, was recently released for the first four months of 2018 and it is not good news for the construction industry. All construction activity is down 19.77 percent when Continue Reading
A Perspective on Our Current Housing Market
There was a time long ago between 1980 and 1984 when Anchorage had a record of 18,168 new housing starts. The real estate crash of the late 1980’s followed shortly thereafter and between 1985-89, permits dwindled to less than a thousand per year. During another up tick in Continue Reading
Landlords’ housing for homeless a positive in spendy market
Congratulations are in order to Cook Inlet Housing Authority and Weidner Apartments for their joint effort to provide housing and support for some of Anchorage’s homeless. It’s a small but important step forward between public and private partnership that perhaps other Continue Reading
Thoughts on Our Local Housing Dilemma
It’s hard to describe the current local housing market. Perhaps, the best way is a mixed bag of disappointments and opportunities. More inventory means more choices for last year’s frustrated buyers to move-up, move down or take that millennial first step toward home Continue Reading
Visiting an Open House? Here are Some Helpful Hints.
Last weekend was the Spring Preview of Homes and hundreds of potential buyers turned out to see what Anchorage’s builders are creating in 2018. I started my real estate career by working open houses and I still do four or five a month because it helps me better understand Continue Reading
More Info on Homeowners Associations and Insurance
Homeowners’ Associations come in all shapes and sizes from single family communities to stacked condos but they all have one thing in common and that is they are governed by a Board of Directors. The board has the ability to change the number of pets an owner is allowed to Continue Reading
Test Your Market Knowledge
You can describe the first quarter of the Anchorage residential real estate market not as a whimper or bang but a steady hum of listings and sales activity. Inside the numbers, however, are some nuances that we should all be aware of. But before we test our knowledge of Continue Reading
Buying or Selling a Home with a Septic System? Here’s What You Need to Know
In 1998 a Certificate of On-Site Systems Approval (COSA) became required for all title transfers (except between spouses) of single family on-site wastewater disposal systems and for wells. This twenty year old process continues to be rigorously enforced by the MOA to Continue Reading
Helpful Hints on How to Buy and Build on a Lot
Spring time brings out buyers looking for lots to build their dream home on. Currently, there are 220 lots in all zoning districts for sale from $30,000 to $6,086,865. However, many buyers are looking for a larger R6 lot of which there are only 60 lots including Anchorage Continue Reading