Remember the formal living room? It’s gone. The formal dining room. Almost gone. Eight foot ceilings? Now, they are nine and ten tall with at least two-story entries. How about that two-story arch over the front door? Gone. Now, it’s all about the amount and type of glass in Continue Reading
Busy Summer for New Home Communities
Finally, after two years from acquisition, the Huffman Timbers new home community is finally open this week with paving installed on Wednesday. Acquired in the summer of 2014, the eight acre plus site went through a rezone from R6 to R1 (single family lots with public water Continue Reading
Anchorage Housing Market Separation: Price Point and Location
What’s happening in the Anchorage housing market depends on where you’re looking and what price point. For despite the increase in available homes (current inventory last week after pending sales was 722 compared to 454 for the same week in 2016 according to MLS), some Continue Reading
A Statewide Look at Supply and Demand
As you might have suspected, Anchorage inventory has continued to increase over the past few weeks. Spring and early summer is the time of year when sellers like to put their homes on the market and our uncertain economic outlook has no doubt helped increase Anchorage’s Continue Reading
The Return of the Ranch Home
As Alaska’s age profile shifts upward and the baby boomers begin to slow down and decide to stop climbing the stairs of their two story homes, the return of the ranch is upon us. Between $300,000 and $600,000 there are 44 active ranch homes listed for sale. Frankly, this Continue Reading
Stretching from C Street to the inlet, from just south of 15th to fourth avenue, downtown housing has something for everyone, from log cabins to luxury urban high rise condos in the Petersen Towers and everything in between. So far this year, there’s plenty to choose from Continue Reading
Here’s the Impact of the New Title 21
These charts and graphs tell the story better than what I can put into words. Single family permits, already on a downward spiral in 2015, are now at an all- time low of 26 for the first quarter of 2016, as builders struggle to conform to the new design requirements in Continue Reading
Should Buyers and Sellers See Each Other’s Settlement Statement?
At closing, the settlement statement adjusts buyer and seller’s debits and credits. It includes the sales price of the property, deposits made towards the purchase price and the new loan amount. Pro-rations and adjustments include taxes, daily cost of early occupancy if Continue Reading
Check Out Your Landscaping Requirements
This is the time of year when everyone’s thoughts turn to landscaping and outdoor maintenance. Whether it’s buying that Bell’s hanging basket for your deck or installing a brand new yard, each homeowner and condo association is unique in their rules and requirements when Continue Reading
No Bargain Basement Homes in Alaska’s Housing Market
Listen up, Alaska, if you’re waiting for the housing market to tank so that you can buy a bargain basement home, your wait may be longer than you think. Alaska ranks ‘Best in the Nation’ when it comes to subprime delinquencies at 6.3% when compared to the U.S. average at Continue Reading
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