Owning your own home has long been considered a part of the American dream. It ranks right up there with owning your first car and the memory of your first kiss, only it is a lot more expensive and in some cases emotional, particularly in Alaska. Anchorage is one of Continue Reading
It’s A Vision Thing
Recent articles and headlines in the local newspaper have prompted lots of public discussion about the lack of housing, and affordable housing in particular, in Anchorage. Finally, everyone has come to understand the consequences of the past several years of Continue Reading
New Home Ideas from the International Builders Show
The International Builders’ Show in Las Vegas showcased some new ideas and also a return to more traditional living. New homeowners continue to discard the formal living room. After all, who wants to buy two sets of living room furniture so the great room concept still Continue Reading
What You Need to Know about Appraisers
You would think that with a continuing historic low of only 322 residential listings for sale in MLS last week that an appraiser should not have any difficulty in meeting the agreed upon sale price that has already been established between the buyer and seller. But, Continue Reading
AHFC Offers Help to Struggling Homeowners’ Association
Condos have been the segment of the housing market that has been the slowest to recover from our most recent real estate recession. However, due to lack of current inventory (there is now less than a two-month supply of condos for sale between $150,000 and $250,000) Continue Reading
Alaskans Have a Lot to be Thankful for When It Comes to Real Estate
You still hear it often in local conversations, the "We're not like the lower 48" and thank goodness for that when it comes to our local residential real estate market which has experienced fewer highs and lows over the past eight years than our neighbors to the south. Continue Reading
Making Low Ball Offers
The latest MLS statistics reveal that homes listed for sale sell for 99% of the list price. Only two of the 13 MLS districts report list to sale prices of less than 99% and those are the outlying areas of Chugiak and Girdwood where the average list to sale price is more Continue Reading
New Homes on Parade
Last weekend the Anchorage Home Builders sponsored their annual Parade of Homes, showcasing Anchorage and Eagle River builders' new homes. Out of the fifteen entries (one of the lowest on record for the event), some definite residential trends have emerged. First, there Continue Reading
Interest Rate Increase is More Than a Baby Bump
The big news in the housing market came from Washington, D.C. this week. According to the Federal Housing Finance Agency, interest rates jumped up almost half a percentage point from approximately 3.5 to 4.0 percent for a 30-year fixed rate mortgage, creating a scramble Continue Reading
The Added Value of Landscaping
If you're not opening up a cabin or camping somewhere in Alaska this Memorial Day weekend, you're most likely spending the weekend working in your yard or whatever is left of it after our record breaking long winter. Homeowners know all too well that materials and Continue Reading
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