A longtime friend, client and real estate investor wrote me this week expressing his concern about the future of the south central residential real estate market. His take is there has been a slight slowdown in the market (true) and the emerging combination of Continue Reading
A Guide to Understanding Your Appraisal
Yesterday, Paige Hodson, a local appraiser with over 38 years of experience, was the guest speaker at our sales meeting. So if you are wondering how your home is valued when it comes time for a sale, here are some helpful hints. Not all appraisers are part of the Continue Reading
A Divided Housing Market
It’s hard to remember what real estate sales and the market was like before Covid-19. Booties, masks, gloves and health questionnaires are now standard protocol for open houses. Yesterday, we had a buyer meeting for a potential new home in Sandhill Reserve with the buyer’s Continue Reading
Test Your Knowledge on Alaska’s Taxes
In Alaska, there are 15 boroughs and municipalities which have been given the right to tax properties by Alaska’s Constitution. And every year the Municipality of Anchorage publishes an Appraisal Valuation Report to inform its residents how properties are taxed in the MOA. Continue Reading
What to Know About Where You Shop
After fulfilling the dream of home ownership, many Americans look to start their own business, whether it is a bistro, remodeling construction company, bakery, shoe salon, private medical practice to name just a few. Mega corporations are highly visible in Anchorage Continue Reading
A Week in the Life of a Real Estate Broker
Once a week Gino Blefari, Chairman of Berkshire Hathaway HomeServices, sends out an email recapping his activities and thoughts on the real estate market. He has an inspiring boots to chairman narrative that you can check out on Youtube. So here’s my Alaska version as a Continue Reading
What You Need to Know When Considering a New Build
Late August is the rainy season and it’s also a reminder that if you want to have a new home built this year, you have about 45 days to get into the ground before builders will have to heat and tent their foundations which will add between $5,000 and $10,000 to the cost of a Continue Reading
Thoughts on the Home Office and Market Update
If you’re reading this article, you may be sitting in your home office enjoying your first cup of morning coffee or on your bike which is where I usually read the paper. However, whether it’s the kitchen table, garage, pantry, master closet, the forgotten guest room or the Continue Reading
Lack of Affordable New Housing Continues
Here at Berkshire Hathaway HomeServices Alaska Realty, we have just analyzed the single family permits from January 1 through July 24 2020 and the news is not good for buyers wanting to purchase a newly built home for the average sales price of $391,235 as reported by Continue Reading
Things You Need to Know About the Cost of Living in Alaska
According to the July issue of Alaska Economic Trends which is published by the Alaska Department of Labor and Workforce Development, of the three metropolitan areas in Alaska, Juneau has the highest cost for groceries at 132.9% when compared to the U.S. Continue Reading
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