More and more buyers are tired of losing out in the local market. Searching online at midnight; waiting in line to see a new listing; offering more than listed price; adding escalator clauses; and offering to purchase sight unseen. And in some circumstances, making Continue Reading
Archives for March 2021
A SnapShot on Alaska’s Competitive Housing Market
Yesterday, there were only 214 active residential listings in the Municipality of Anchorage which includes not only Anchorage but Eagle River, Girdwood and Indian. Compare that to 565 pending sales. That balance between inventory and pending is upside Continue Reading
How Many of You Know the Popular In-N-Out Burger?
I can’t help but compare Alaska’s in and out migration to that popular burger. Net migration is the number of people who move to Alaska minus the number who leave. For decades, Alaska has enjoyed net migration but that changed between 2015-2020 when Alaska lost migrants in Continue Reading
How to Buy a House That Doesn’t Exist
With less than a one month supply of single family homes for sale in the Municipality of Anchorage, frustrated buyers wanting to take advantage of historic low interest rates are exploring new construction. However, with few speculative homes being built, buyers are having Continue Reading
Connie Yoshimura, Owner/Broker of Berkshire Hathaway HomeServices Alaska Realty.