Today is the deadline to file an appeal on your real property assessment. Approximately 100,000 ‘green cards’ were simultaneously sent out on January 12 which started the clock ticking on the 30 day right to appeal your tax assessed valuation. Go to www.muni.org/pa to Continue Reading
2019 Real Estate Market Report & 2020 Predictions
There’s been little change in the Anchorage real estate market over the past five years. The average price of a single family home has remained stable, varying up and down by only a few thousand dollars from $364,919 to $375,000. Residential inventory has had a slow decline Continue Reading
Supporting Veterans in Alaska
I’d like to take a moment to thank Alaska’s veterans for their contribution to our country and state. Alaska has 68,145 veterans and they play an important role in our state’s housing market. According to the Housing Assistance Council, approximately 39,915 or 16.0 Continue Reading
Use Your PFD to Grab a Low Mortgage Rate and Buy a Home
I know it’s tempting to use that PFD to vacation in Hawaii, buy a new TV with all the latest technology or even pay off that F-150 truck with the extended cab but there is no better use for your PFD than to make a real estate investment whether you’re a first time homebuyer Continue Reading
A Stable Market Heading into the Fourth Quarter
Despite all the concerns over potential job losses as a result of the state budget cuts and the recent announcement of BP’s sale to Hilcorp, the Anchorage and Eagle River residential markets have yet to demonstrate any negative affect. Pending sales for the Continue Reading
New Mortgage Opportunities for Alaskans
First time home buyers account for 31% of all home sales, according to Lawrence Yum, chief economist for the National Association of Realtors. This percentage is down from around 40% of the market from years past. One reason for this downturn is because student Continue Reading
Preparing Your Home for the Spring Market
Anchorage has historically low inventory right now with only 463 single family homes for sale so if you’ve been contemplating selling your home, now is the time. PLUS, mortgage interest rates have just dropped to 4% for a 30 year fixed rate. Low rates put more Continue Reading
Coming Real Estate Trends in 2019
Tuesday, November 27, 2018 by Connie Yoshimura Although we Alaskans still like to think we’re different than our cousins in the lower 48, there are some housing trends and economic factors that will affect even us in Alaska as we move forward into Continue Reading