I have been listing and selling real estate in Anchorage for almost forty years. It’s a job I love and will continue to do in the future. You would think after all those years of experience I would not make a simple mistake but I did. It has haunted me for the past several Continue Reading
Continued Stability in Anchorage Housing Market
While the housing market in the lower 48 is booming with new home communities and an active resale market with 6% to 18% appreciation, the Anchorage housing market remains stable, despite the state’s economic woes. Thanks, in part, to a continued lack of new home Continue Reading
Why Interest Rates May Not Matter
A few weeks ago, I wrote about rising mortgage interest rates. At that time the 30 year fixed conventional rate had risen to 4.3% and I predicted that interest rates would go to 5% by the end of the year. Well, this week that same 30 year fixed rate went down to 4% which has Continue Reading
What I Learned in 2016
What I love most about selling real estate is that every property, every buyer, every seller is different so it is never boring! Putting all those variables together to complete a transaction gives you a uber high of satisfaction. Every year also has a different set of Continue Reading
Interest Rate Jump Wakes Up Anchorage Buyers
This month’s mortgage interest rate jump up to 4.125 % has sent buyers scampering to find a new home. The week before Thanksgiving forty-five homes pended in Anchorage compared to twenty-seven in 2015. That trend continued into Thanksgiving week when six additional sales Continue Reading
The Power of Your Homeowners’ Association
Homeowners’ associations are a necessity in today’s world of residential development. Whether it’s a condominium or single family development, any new community that has a common area, including signage easements, greenbelts, perimeter fencing, is subject to the uniform Continue Reading
Is the Longer a Home on the Market the Less it’s Worth?
That may be the case in our local housing market. There are less than a thousand single family homes on the market with an average sales price of $370,000. They’ve been on the market an average of eighty-nine days. However, the average sales on the market for sold Continue Reading
New Home Permits at an Historic Low
Last week the MOA published the Building Home Permit Activity Report for the first three quarters of this year. The report which tracks residential and commercial construction and alterations shows an historic low of 160 single family permits. With the frost and first snow Continue Reading
Inventory On Rise, But Hesitancy Emerging Among Buyers
The 2016 Anchorage residential market could best be described as having had a minor fender bender, not the fatal crash so many naysayers predicted for the housing market. Thousands of owners have not turned in their keys to the bank like they did in the 1980’s. In fact, Continue Reading
How Accurate Is Your MOA Tax Assessment?
Pretty darn accurate, according to the MOA tax assessor’s 2016 annual report. MLS reports an average sales price of $366,592 through November 2015 and the MOA average assessed value is $354,704. That’s a 97% ratio based on 3,037 deeds recorded through Dec. 12th 2015. Of Continue Reading
Connie Yoshimura, Owner/Broker of Berkshire Hathaway HomeServices Alaska Realty.