Published in ADN July 26,2023 It is with a touch of excitement and sadness that I introduce you to my latest new home community just six minutes from the Palmer Fred Meyer store. I have searched the Municipality of Anchorage for another Huffman Timbers or Sandhill Continue Reading
Property Tax Relief For First Time Home Buyers
Published in the ADN July 12, 2023 Yesterday, there were 23 single family homes for sale in Anchorage priced between $350,000 and $399,999. These homes were on the market an average of 23 days. Many received multiple offers or escalation Continue Reading
A Mid-Year Market Review
There are not many mid-year surprises in the Anchorage residential market place. All thirteen MLS districts from downtown Anchorage to Girdwood-Turnagain Arm have had a decline in sold units, amounting to a 35% decline in all sales. The average single-family Continue Reading
Thank you, Alaska.
Today, June 16, 2023, will mark the third anniversary of my affiliation with Berkshire Hathaway Home Services (BHHS) . I’ve owned other brokerages over my 40 plus years of real estate, but these past three years have been the most rewarding of my Continue Reading
Should You Own an Investment Property?
The September 2021 Alaska Economic Trends Magazine report on the Rental Market, “Many landlords we’ve surveyed consistently for years had sold their units in 2021. Reasons included downsizing due to the pandemic and taking advantage of the recent strength in the real 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
Frustrated Buyers Turn to New Construction Homes
More and more buyers are tired of losing out in the local market. Searching online at midnight; waiting in line to see a new listing; offering more than listed price; adding escalator clauses; and offering to purchase sight unseen. And in some circumstances, making Continue Reading
A SnapShot on Alaska’s Competitive Housing Market
Yesterday, there were only 214 active residential listings in the Municipality of Anchorage which includes not only Anchorage but Eagle River, Girdwood and Indian. Compare that to 565 pending sales. That balance between inventory and pending is upside Continue Reading
Why Do Homeowner Association Dues Cost So Much?
Well, the simple answer is they don’t, not really. HOA dues can be divided into two basic groups. The first group is what you would normally pay if you owned a single family home without an HOA. Every homeowner pays for water, sewer, garbage, building Continue Reading
It’s a New Year and a New Bubble
Nobody really knows what 2021 will be like but here are a few ideas to ponder when it comes to housing. Will you still be working from home? Perhaps, in a new ‘statement’ office-the envy of your former office mates? Will you be adding some blue/green Continue Reading