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
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
How Many of You Know the Popular In-N-Out Burger?
I can’t help but compare Alaska’s in and out migration to that popular burger. Net migration is the number of people who move to Alaska minus the number who leave. For decades, Alaska has enjoyed net migration but that changed between 2015-2020 when Alaska lost migrants in Continue Reading
How to Buy a House That Doesn’t Exist
With less than a one month supply of single family homes for sale in the Municipality of Anchorage, frustrated buyers wanting to take advantage of historic low interest rates are exploring new construction. However, with few speculative homes being built, buyers are having Continue Reading
Are You Eligible for a Property Tax Exemption?
You may be eligible for a property tax exemption if you are a senior citizen, a disabled veteran. a military service widow/widower or if you owner occupied a residential property which was at least 50% destroyed by fire. These are just a few of the exemptions that may Continue Reading
The Hidden Underbelly of Our Red Hot Housing Market
The red hot housing market has pushed its way into the new year. For January 2021 MLS reports a 41% increase in the number of sales compared to last year’s January plus an average price increase of 12.95%. This past week there were 65 pending sales in Anchorage/Eagle Continue Reading
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Connie Yoshimura, Owner/Broker of Berkshire Hathaway HomeServices Alaska Realty.