The cost of living in Alaska has increased by 3% according to the most recent Alaska Economic Trendsreport. The cost of medical, transportation, energy and housing all contributed to the increase with housing being the major factor. So it’s no surprise that the Continue Reading
How to Buy a Lot
Despite this spring snowstorm, welcome to spring and the time of year when buyers shop for lots to build a new home on. However, not all lots are created equally so here is some advice based upon my years of experience as a residential land developer. First and foremost, I Continue Reading
How Anchorage’s Property Tax Compares to Other Communities
According to the Alaska Department of Commerce, Anchorage’s mill rate of 16.4 is the second highest in Alaska. Only Fairbanks has a higher mill rate of 19.8. In Anchorage the tax on a $350,000 home is $5,740 and $8,200 on a $500,000 home, excluding any Continue Reading
A Look Back at 2018’s New Construction Stats
All the state and local economists have predicted Alaska’ recession will end the latter part of 2019. Let’s hope so for the sake of the new construction industry which has lost over 900 jobs in the past three years. This chart shows an average 22 percent decline Continue Reading
Should Residential Properties Carry Anchorage’s Tax Burden
According to the recently published 2019 Anchorage property appraisal report, Anchorage has total property values of $46 billion. However, not all of that $46 billion is taxed due to ‘exemptions’. State mandatory exemptions by type include seniors/disabled vets, Continue Reading
How to Measure Your Home’s Value
Alaska is a non-disclosure state when it comes to establishing your home’s value. That means that both Zillow and the MOA do not really know the true market value of your home. Using algorithms and public data, Zillow’s Zestimates are frequently misleading. Continue Reading
Follow Mark Twain’s Advice
Before he died in 1910, Mark Twain said ‘Buy land because they ain’t goin’ to make any more of it.” Back then, I’m pretty sure Twain wasn’t thinking about subdivisions with roads, water, sewer, rolled vs. detached curbs or streets with insulation. But Twain was right Continue Reading
Historic Home for Sale
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Areas Most Popular Neighborhoods
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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.