According to Rob Kreiger in the Alaska’s Economic Trends’ May issue, “the market may cool off but a price collapse is unlikely.” Published by the Department of Labor and WorkForce Development, the research and analysis of Alaska’s housing market provides insight Continue Reading
The Search for the Missing Middle
Of the 20 homes entered in the Anchorage Spring Preview of Homes 8 averaged over $1 million. Hundreds of visitors flocked to see the latest in their WOW factors from the panoramic vistas on Potter Valley Road to the hidden gems nestled in upper hillside cul-de sacs. But Continue Reading
The Return of the Ranch
Much of Anchorage’s original housing stock consisted of ranch homes in Nunaka Valley, Old Turnagain and the ‘pilot’ housing along the original airstrip that we now call the ‘Park Strip’. The Nunaka Valley homes were small square footage, many with just two bedrooms and Continue Reading
Are You a Member of an HOA?
If your answer is yes, then prepare yourself for an increase in your 2023 monthly dues. Record snowfall didn’t just break the MOA budget but your HOA budget as well. According to Natalie Smyre, HOA manager at Berkshire Hathaway HomeServices Alaska Realty, budget season for Continue Reading
Driving to the Mat-Su
According to the Department of Transportation approximately 60,000 vehicles cross under the Muldoon overpass heading north out of Anchorage each day. Some travelers exit at JBER, Eagle River, Chugiak, Peters Creek or somewhere in between but 29,000 head to the Mat-Su Continue Reading
Spring Buying Season Arrives Early
Despite our record breaking snow fall, the spring home buying season has already arrived! There’s always been the annual influx of military, medical and oil related relocation buyers in the spring but this year they started arriving early as if they knew Continue Reading
Reporting from the International Builders’ Show in Las Vegas
I felt like I was dog paddling in the middle of the Pacific Ocean at the NAHB Home Show. There were over 180,000 attendees checking out the latest in lighting, wall colors and walking through the simulated rain forest at the Kohler Bathroom Continue Reading
What is the True Value of Your Home in Today’s Market?
The easy answer is put a for sale sign in your snow berm; post it on Instagram and face book and wait for someone to send you a text. But be ready to quote an asking price. Buyers, sellers and curiosity seekers all start with Zillow. Zillow is an algorithm based upon the Continue Reading
Advice to Buyers and Sellers in Today’s Market
Lack of inventory has trumped today’s doubling of the pandemic’s historic low mortgage interest rates. It is this lack of inventory that has propelled a 7% increase in average values which now hovers above $450,000. However, not all Continue Reading
A More Personal Perspective on the Market
Well, COVID has finally caught me so I am writing this article from my home office. Being sequestered has certainly given me some time to reflect on the market fluctuations we have had over the past three years. From our locked doors until we came together Continue Reading
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Connie Yoshimura is the Owner and Broker of Berkshire Hathaway HomeServices Alaska Realty. With over 40 years of residential real estate experience, she continues to be a leader in Alaska’s housing market. Most recently, she sold the highest-priced home ever recorded in the Alaska MLS.