The vast majority of realtors in our local market sell pre-owned or resale homes. Especially, in Alaska, where new home construction remains at record lows, realtors develop an expertise in a certain price point or geographic location for resale homes. They look for Continue Reading
Consider the Owner-Occupied Duplex as a Lifestyle Choice
Eighteen years ago, I downsized from a single family home to an owner-occupied duplex. Back then, it was an unusual housing choice for a realtor to make and even today, friends and colleagues still ask me why I made that move. But, personal reasons aside, an owner-occupied Continue Reading
Look for New Housing Trends at the Parade
Today is the last day of the Anchorage Parade of Homes with 23 entries open from noon to 6 pm. So, put down your coffee cup, take that last bite of Fire Island’s savory scone, or for me, the buckwheat cinnamon roll, cut in half and shared with my husband, and head on out to Continue Reading
More on Price Per Square Foot
My article two weeks ago on evaluating homes on a price per square foot basis created some controversy as a result of misinformation on my part and for that I apologize. The public website of Alaska MLS does NOT have a field for price per square foot and so that Continue Reading
Price Per Square Foot? Better take a Closer Look
One common mistake buyers make when considering a home purchase, whether pre-owned or brand new, is to judge the home by price per square foot. And when our local Multiple Listing Service created a field for price per square foot on its listing form, allowing buyers Continue Reading
It’s all about the kitchen
I love kitchens. I imagine the rich aroma of homemade banana bread with just a touch of cinnamon coming out of the top double oven; the scratch of the saute pan on the five-burner Jennair stove top as my husband stirs lemon risotto; the morning sound of water bursting Continue Reading
The New Multi-Town?
Anchorage may be a ‘big wild life’ place to live for now, but it is fast becoming a multi-family community with more building permits for multi-unit dwellings than single family homes. The mid-year building statistics are a stark reminder that our single family homes Continue Reading
An Eagle’s Eye View of the Market
Last week, MLS reported 51 new single family sales in Anchorage. Of those sales, 19 were under $300,000 and 15 were under $400,000. In other words, more than 50% of the sales were under $400,000 while at the same time, the new construction average valuation in 2014 Continue Reading
It’s the Usual Summer Slow Down
From Memorial Day through the Fourth of July weekend, there’s not a lot happening in the local housing market. Potential buyers go fishing; friends and relatives from the lower 48 come to vist; local movers and shakers fly or drive out to their cabins and summer homes Continue Reading
Alaska Housing Market Crunch
Good luck trying to find a place to rent in Anchorage which has high rents and low vacancy rates. The last survey by the Alaska Housing Finance Corporation put a 3.3% apartment vacancy rate and just 2% vacancy for single family homes. It doesn’t help that Alaska Continue Reading
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