Last year, Mark Tuovinen, a Berkshire Hathaway HomeServices Alaska Realty Realtor, was hosting a $200,000 condo off Victor Road when he met Barbara Knapp, a community volunteer who teaches classes on citizenship and helps immigrant families with green cards and Continue Reading
Why We Need Unit Lot Subdivisions
The Anchorage residential market continues on its robust journey of higher prices and multiple offers. The May 2021 average sales price was $458,580, the highest monthly sales price ever recorded since January 2013. Yet, of last week’s 112 pending sales in Anchorage and Continue Reading
Time to Test Your Alaska Real Estate Knowledge
In my forty years of real estate, never have I seen a market quite like this. Not even during the oil boom of the early 1980’s. It is the perfect storm of almost historic low interest rates and lack of inventory due to years of under home building generated in Continue Reading
A Round Up of Local Housing News
The first five months of 2021 has seen the continued fast pace of residential sales. Despite lack of inventory, unit sales increased by 25% when compared to the same time last year and total volume has increased by over 35%. Since the beginning of the pandemic, the average Continue Reading
Memo to a New Administration
With change comes opportunity and there certainly is a lot of opportunity to make housing more affordable in Anchorage. The cost of housing always begins with the cost of land which is calculated not just by square foot or acreage but by its current allowable use as defined Continue Reading
Why I Love New Homes
Because they have no ghosts; no fingerprints of a past life; no lost memories. It’s a new beginning mingled with the smell of sawn cedar, LED lights and smooth, freshly painted walls with no texture. It’s a first coat of paint—pure and simple—in so many different Continue Reading
Is Our Housing Market Overheated?
Definitely not. And here’s why. Unlike the housing debacle of the late 1980’s, Anchorage hasn’t had 6,000 residential permits in a single year and hundreds of homeowners are not dropping off the keys to their house to their local lender. It’s true, we’ve had a dribble of Continue Reading
How to Make Your Best Offer Better
In my forty years of assisting buyers and sellers navigate the purchase or sale of their home, which is for most their largest investment, I’ve never seen a market quite like the one Alaska is currently experiencing. An almost decade long lack of new housing Continue Reading
24 Hours of Daylight is Right Around the Corner
Today, Anchorage has 14 hours and 45 minutes of daylight. And all I can see with this daylight is how dirty my windows are! Time for some spring cleaning! Just because inventory is at record lows and some homes sell within 24 hour doesn’t mean that you shouldn’t clean your Continue Reading
Spring’s Housing Market Takes a Difficult Turn
As a result of the covid-19 pandemic, 2020 will be forever remembered due to Alaska’s closed schools and businesses and the resulting upheaval of lifestyles and professional and financial disruption. Every Alaskan community and citizen reacted differently to the Continue Reading
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Connie Yoshimura, Owner/Broker of Berkshire Hathaway HomeServices Alaska Realty.