Published in Anchorage Daily New on 1.18.2024 By Connie Yoshimura On January 15, 2024 there were only 180 single family homes for sale. With the average original list price in the last six months of $506,172, there were only 6 homes between $500 and $549,000 Continue Reading
Anchorage’s Wobbly Housing Ladder
Published in Anchorage Daily News 01.03.2024 By Connie Yoshimura A Housing Ladder consists of all housing units of various sizes, types and price points in a market. It is a house, an apartment, a mobile home, a group of rooms, or a single room that is Continue Reading
An End of the Year Reckoning
Published in Anchorage Daily News 12.06.23 Since most people are busy with the holidays, December is a good time to shop for a new home. Builders are anxious to get rid of their spec inventory. Nationally, 59% of builders are offering up to a 2% buy down of a Continue Reading
An Overlooked Market Opportunity
Published in Anchorage Daily News on 11.29.2023 I have often wondered why first-time home buyers don’t consider purchasing a duplex as their first home. You can live in one unit and 75% of the gross rental income from the other unit can be used for qualifying Continue Reading
How Old Is Too OLD?
Published in Anchorage Daily News on 11.15.2023 On November 13, 2023, there were only 83 single-family homes for sale in Anchorage between $400,000-$600,000 which is considered the ‘missing middle’ in our local housing market. That number in itself is shocking for a Continue Reading
It’s Time For Anchorage To Have a Sales Tax
Published in the Anchorage Daily News on October 18, 2023 Anchorage with its 39% of the state’s 735,556 population faces a pivotal turning point because, without rapid housing changes to its building and zoning codes and residential property tax Continue Reading
This and That on the Anchorage Housing Market
Published in Anchorage Daily News on 10.24.2023 In 1970 the mortgage interest rate was 7.5%. In l984, it was 18%. In l990, it hovered at 10%. In 2022, it began a downward trend and in 2015, it was around 4.5%. Covid hit and rates dropped to less than 3% if Continue Reading
What Exactly Is It?
Published in the Anchorage Daily News 9.27.23 A barn? A condo? A single family home? Or all of the above? It’s called a Barndominium. I’ve had a hard time spelling it and even saying it. But it is the latest new trend in housing and growing in popularity around Continue Reading
Anchorage Versus Alaska
Published in Anchorage Daily News - 9.06.2023 There is one thing about the residential real estate market that you can always count on. And that is it’s NEVER boring! Every buyer, every seller, every home is unique. Every situation whether it is related to marriage, Continue Reading
Zoning Is Not a Factor in Affordability
That may come as a surprise to some of you, but zoning is not nearly as important as mortgage interest rates, the highest they currently are at 7.8% since the year 2000. And the natural disasters that flood our online and print news will surely create Continue Reading
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