Working its way through the public process is a new land use concept which if passed by the Anchorage Assembly would allow for fee simple ownership of attached or detached homes on multi-family zoned land. Already vetted and passed by the Planning and Zoning Commission and Continue Reading

When appraisers are asked to establish the value of a property, they primarily rely upon past sales data. When sellers try to determine the value of their home, they often refer to a price they find on a flyer they have picked up in the neighborhood. Homeowners also Continue Reading

The Municipality of Anchorage has reported that the total value for all categories of building permits in the first quarter of 2017 has increased by $15.26 million when compared to the first quarter of 2016. This increase is directly related to commercial permits rather than Continue Reading

Today is the final day of the Spring Preview of Homes. Twenty-seven brand new homes in various stages of construction are open from one to five pm. I encourage all of you, whether you are a buyer looking for a new home, a real estate professional, a homeowner looking for Continue Reading

Next weekend on April 8 and 9th is the Spring Preview of Homes with 27 entries from Anchorage home builders. Unlike the fall Parade of Homes, entries may be in various stages of construction providing visitors an inside look at the framing, electrical, drywall and trim Continue Reading

Every year, every month, every week and every day brings new information and challenges to our local real estate market.  Test your real estate knowledge by taking this quiz.  You might be surprised by the answers! 1. How many single family building permits were issued in Continue Reading

This past week the Fed raised interest rates a quarter of a percent. A current 30 year fixed rate mortgage rate is now between 4.25% and 4.375%, depending upon where you shop and your credit score. The VA rate is 4% and six months ago was as low as 3.125%. So I can say with Continue Reading

It’s cold and windy and although spring is just around the corner, it doesn’t really feel like it so let’s take a break from our local housing market and head down south to see how the rest of the country is fairing when it comes to home values and appreciation. It’s hard Continue Reading

Alaska requires homebuilders to have a general contractor’s license plus a residential endorsement. They are also required to be licensed, bonded and insured. However, a new home buyer isn’t likely to find one of them wearing a carpenter’s belt and working on the job site. Continue Reading