According to the U.S. Census Bureau, American Community Survey, there are approximate 104,980 occupied housing units in Anchorage. Seventy-five percent of those units were built before 1990, making Anchorage a haven for remodelers, but a frustrating home search experience Continue Reading
Despite Lack of Inventory, Strong Sales in 2015
Spurred on by lack of inventory, warm weather and the threat of rising interest rates later in the year, local buyers are doing their spring home shopping early. Actual closed residential transactions for January 2015 were 166 compared to 149 in 2014. Last week in Anchorage, Continue Reading
AND THE HAPPIEST STATE IN AMERICA IS . . .
Alaska tops the list as the state where residents feel most content. According to the latest survey conducted by the Gallup-Healthways Well-Being Index, locals in "the last frontier" share the strongest sense of purpose in the nation, ranking among the top three states for Continue Reading
WHY DO PEOPLE BUY AND SELL HOMES
Marriage, birth, death, divorce and job change are the five major reasons people buy and sell homes. Yes, there are the investors or ‘flippers’ in the residential real estate market, but they make up a very small percentage in our local market. Of the five major reasons, Continue Reading
Life Changes, Economic Factors Drive Anchorage’s Residential Real Estate Market
Marriage, birth, death, divorce and job change are the five major reasons people buy and sell homes. Yes, there are the investors or ‘flippers’ in the residential real estate market, but they make up a very small percentage in our local market. Of the five major reasons, Continue Reading
Buying a Home is a Lifestyle Choice
Under most circumstances, buying a home should not have anything to do with the price of oil and the slashing of the state’s operating and capital budget. Rather, it should be about quality of life and lifestyle choice. Yes, there are investors, large and small, who Continue Reading
Our Neighbor To The East
Eagle River is a community that many residents and visitors envision as true Alaska. It has mountains, a meandering rafting river, parks, glaciers and scenic vistas. It’s hard not to find a view or a nature trail you don’t love. Eagle River’s population is 30,000 and Continue Reading
2015 Real Estate Predictions
Residential real estate activity is always a reflection of the national and local economy. It’s all about population and jobs, and, particularly in Alaska, the type of jobs that will support our sticker shock higher priced homes. The 2015 predictions are particularly Continue Reading
Another Slow Year in Anchorage Homebuilding
For Anchorage homebuilders, 2014 is almost over and the home building statistics do not look good. Despite all the community meetings regarding the need for more housing and MOA’s promises of more efficient permitting, our 2014 single family permits will not even match the Continue Reading
DOES YOUR PET HURT YOUR HOME VALUE?
In 2014 the U.S. will spend an estimated $58.51 billion in pet industry expenditures. 68% of U.S. households own a pet and 12% of pet owners allow their pets to sleep in the same bed with them. The ‘Disney’ humanization have made animals more than man’s best friends; they Continue Reading
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