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
What Is the Benefit of a Lot Reservation?
From the time a land developer purchases a tract of land until he/she is able to sell lots in a fully approved and platted subdivision, there are multiple steps and obstacles to overcome. That approval and construction process may take anywhere from six months (if you are Continue Reading
Why HOAs Are So Important
Aside from being the Broker/Owner of Berkshire Hathaway HomeServices, I am also a residential land developer. I began my development career almost forty years ago and specialize in single family new home communities, including Kempton Park, Turnagain View Estates, more Continue Reading
To Refresh or Remodel…That Is the Question
Facing the 45% of homeowners who live in a home built prior to 1980. Today, the median age of a house in the MOA is 42 years. The Alaska Building Energy Efficiency Standards (BEES) didn’t exist until January 1, l992 when the 4 STAR minimum energy rating was Continue Reading
Have Interest Rates Had a Negative Impact on the Residential Real Estate Market
Sometimes I forget that the Municipality of Anchorage (MOA) is more than the Anchorage Bowl. Its 1,947 square miles stretching all the way to Portage and north to Eklutna. We all tend to be a bit myopic and get comfortable with our favorite Costco or coffee Continue Reading
Time to Test Your Local Real Estate Knowledge
Learn more about the market and test your real estate knowledge with this quiz! 1. According to the US census, what is the population of the Municipality of Anchorage (MOA) ? A. 292,090 B. 302,100 C. Continue Reading
If You Build It, Will It Sell?
And the answer is YES, despite the fact national homebuilder confidence has fallen for the 8th straight month. According to a recently published report by NAHB, 69% of builders reported higher interest rates as the reason behind falling housing demand, the top impact Continue Reading
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Connie Yoshimura, Owner/Broker of Berkshire Hathaway HomeServices Alaska Realty.