Published in the ADN July 12, 2023 Yesterday, there were 23 single family homes for sale in Anchorage priced between $350,000 and $399,999. These homes were on the market an average of 23 days. Many received multiple offers or escalation Continue Reading
Archives for 2023
A Mid-Year Market Review
There are not many mid-year surprises in the Anchorage residential market place. All thirteen MLS districts from downtown Anchorage to Girdwood-Turnagain Arm have had a decline in sold units, amounting to a 35% decline in all sales. The average single-family Continue Reading
Thank you, Alaska.
Today, June 16, 2023, will mark the third anniversary of my affiliation with Berkshire Hathaway Home Services (BHHS) . I’ve owned other brokerages over my 40 plus years of real estate, but these past three years have been the most rewarding of my Continue Reading
Are Anchorage Home Values Stalled?
And the answer is no due to a continuing depletion of available homes for sale. Whether that stall floats along for the remainder of the year or dips downward depends not so much on mortgage interest rates but available inventory. So, unless Continue Reading
A Love Affair Gone North
I love Anchorage (although I instruct our realtors never to use that verb when describing a home) ‘love’ is the appropriate word for my feelings about my adopted hometown. I arrived in Anchorage in 1979; took Cal Winey’s real estate class and the rest is Continue Reading
A Stable Residential Market for the Rest of 2023
According to Rob Kreiger in the Alaska’s Economic Trends’ May issue, “the market may cool off but a price collapse is unlikely.” Published by the Department of Labor and WorkForce Development, the research and analysis of Alaska’s housing market provides insight Continue Reading
The Search for the Missing Middle
Of the 20 homes entered in the Anchorage Spring Preview of Homes 8 averaged over $1 million. Hundreds of visitors flocked to see the latest in their WOW factors from the panoramic vistas on Potter Valley Road to the hidden gems nestled in upper hillside cul-de sacs. But Continue Reading
The Return of the Ranch
Much of Anchorage’s original housing stock consisted of ranch homes in Nunaka Valley, Old Turnagain and the ‘pilot’ housing along the original airstrip that we now call the ‘Park Strip’. The Nunaka Valley homes were small square footage, many with just two bedrooms and Continue Reading
Are You a Member of an HOA?
If your answer is yes, then prepare yourself for an increase in your 2023 monthly dues. Record snowfall didn’t just break the MOA budget but your HOA budget as well. According to Natalie Smyre, HOA manager at Berkshire Hathaway HomeServices Alaska Realty, budget season for Continue Reading
Driving to the Mat-Su
According to the Department of Transportation approximately 60,000 vehicles cross under the Muldoon overpass heading north out of Anchorage each day. Some travelers exit at JBER, Eagle River, Chugiak, Peters Creek or somewhere in between but 29,000 head to the Mat-Su Continue Reading
Connie Yoshimura, Owner/Broker of Berkshire Hathaway HomeServices Alaska Realty.