Anchorage is not alone when it comes to a housing deficit for the ‘missing middle’. In 1999, 37% of newly built single family homes had a square footage of less than 1,800, according to a National Association of Homebuilders study. Now, that total has shrunk to 23%. We’ve Continue Reading
Remodeling is Not Home Maintenance
Ten years ago I did a major remodel. There was new carpeting in the bedrooms, luxury vinyl tile in the kitchen and hallway, an interior paint job that took three coats, double ovens so I can bake two batches of cookies at the same time, a fancy hood above a new stove Continue Reading
Keep Your Cool When Buying or Selling a Home
Selling a home is not as easy as it used to be. In today’s market, it all boils down to market knowledge and negotiating skills. First, and foremost is the negotiation with yourself to determine your home’s fair market value. You may have lived in the home for twenty Continue Reading
Downsizing Isn’t Just for Aging Boomers
But millennials as well! According to a recent builder survey, seventy-four percent of millennials will buy a home in the next five years. Struggling with student debt and just beginning their career path, younger millennials are discovering that smaller homes are more Continue Reading
How’s the market? Find Out When You Take this Quiz!
Everywhere I go people ask ‘How’s the market?’ Potential buyers are wondering if mortgage rates are going to go lower. They also want to know if we’re at the bottom of the market. My response to that question is ‘You never know when the bottom of the market Continue Reading
Condos Come in All Shapes, Sizes and Price Ranges
There are single family condos, duplex condos (where you purchase one side), site condos (which are enveloped in an air space), townhouse style, flats and multi-story, to identify a few. I recently had an opportunity to show condos to a buyer with a goal of purchasing Continue Reading
Demographics Dictate Buyer Preferences
Did you know seniors are more willing to accept smaller lots? Younger buyers want more square footage? And all buyers want a full-sized laundry room! All this and more is what you can read about in the National Association of Home Builders 2019 housing Continue Reading
How Important is Technology in the Home?
Maybe not as important as we are lead to believe with all the gadgets now available from video doorbells to remotely controlled smart refrigerators. A 2018 survey by the National Association of Home Builders ranked security cameras as the most desirable of all technology Continue Reading
Anchorage Lacks Multi-Family Housing
National home ownership rates fell in the second quarter of this year, according to a recent report in the Wall Street Journal. The rate is currently 64.2%, down from 64.3% a year ago. Here in Alaska, the most recent statistic shows home ownership rate Continue Reading
Learn More about the Market when You Take this Real Estate Quiz!
1. The cost of living in Alaska has increased by A. 3% B. 4.2% C. Decreased by 1% 2. What are the major components of cost of living? A. Medical B. Transportation C. Continue Reading
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Connie Yoshimura is the Owner and Broker of Berkshire Hathaway HomeServices Alaska Realty. With over 40 years of residential real estate experience, she continues to be a leader in Alaska’s housing market. Most recently, she sold the highest-priced home ever recorded in the Alaska MLS.