Alaska Housing Market

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« Cost of Living in Alaska & Inflation | Main | August Employment Numbers »  Posted by Katie Bender at 02:40 PM in Alaska’s Economy, Housing  Alaska Housing Market Throughout the recent recession many wondered when the housing market would feel the pinch. The price for a single-family home in Alaska has remained stable during the recession that started in 2015. This is… Continued

February 14, 2019

3 Must Do Projects Before Listing Your Home For Sale

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3 Must-Do’s Before Listing Your House for Sale BY SEE JANE DRILL ON 4 FEB 2019 From Zillow Porchlite When it comes to first impressions, the little things make all the difference. Planning to sell your house this year? Now’s the perfect time to prep it for listing! Set aside a couple of weekends to do the work,… Continued

February 13, 2019

A Fix to Housing Shortage May Sit in Your Back Yard

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AMANDA LUCIER / AP The accessory dwelling unit in the backyard of Martha Chambers, in North Portland, Ore., Oct. 18, 2018. The dwelling was built as part of Multnomah County’s A Place for You pilot program, which provides subsidies for building the units if homeowners promise to rent them to homeless people for five years…. Continued

February 12, 2019

Vacancies Up Rents Down in Anchorage and Kodiak

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INSIDE REAL ESTATE: Anchorage, Kodiak only areas to see vacancies up, rents down By: Connie Yoshimura Inside Real Estate/For the Journal Post date: Wed, 10/03/2018 – 10:16am Anchorage and Kodiak were the only two areas where vacancies rose in 2018 and rents dropped, according to the latest survey by Alaska Economic Trends in conjunction with… Continued

February 11, 2019

Las Vegas median home prices reach $300K as sales drop

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The Las Vegas Strip is seen from a Henderson neighborhood on Friday, October 5, 2018. (Michael Quine/Las Vegas Review-Journal) @Vegas88s By Eli Segall / Las Vegas Review-Journal February 6, 2019 – 5:00 am    Updated February 6, 2019 – 5:59 am Las Vegas house prices reached their highest level in months in January as sales plunged… Continued

February 8, 2019

People Want to Live in Downtown Anchorage

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By Rebecca Palsha | Posted: Thu 4:27 PM, Feb 07, 2019  |  Updated: Thu 7:21 PM, Feb 07, 2019 From KTUU.COM ANCHORAGE (KTUU) — Millennials and people over the age of 55 in Anchorage have one big thing in common: both groups want to live downtown. According to a report by the Anchorage Economic Development Corporation, millennials want to be… Continued

February 8, 2019

Las Vegas Market Conditions to Start the Year

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Las Vegas housing prices remain level in December For sale sign for a home is a development near S. Buffalo Drive as housing is on the grow in the Las Vegas area on Thursday, Dec. 21, 2017. By Chris Kudialis From VEGAS INC Tuesday, January 8, 2019 – 5 a.m. Stable home prices and fewer homes changing hands… Continued

February 4, 2019

2019 Design Forecast

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2019 Design Forecast: What’s In, What’s Out BY KERRIE KELLY ON 18 DEC 2018 YOUR HOME Is it time to say goodbye to shiplap and millennial pink? This design expert weighs in. As we flip to the last pages of our 2018 calendar, it’s time to look at interior design trends on the rise — and say goodbye… Continued

January 31, 2019

Time is Now to Build a Rental Portfolio

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By: Connie Yoshimura Inside Real Estate/For the Journal Post date: Wed, 09/12/2018 – 10:42am Lack of new housing starts, particularly in duplex and multi-family, make it a good time for the small investor to enter the market. Multi-family permits are down 50 percent from last year with only 72 units permitted compared to 153 last… Continued

January 29, 2019

Are you an Anchorage homeowner with a septic tank?

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From the Ramseys @ADN.COM If you own a home with a septic system or are thinking about buying a home with a septic system, you might want to save this column. Starting May 1, new Municipality of Anchorage, or MOA, regulations for septic systems go into effect that will definitely affect you. Most homeowners don’t… Continued

January 28, 2019

Is Anchorage Real Estate Slowing or Returning To Normal??

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Is Anchorage real estate slowing or returning to normal? The answer might be both.  Author: Jeannette Lee Falsey ADN  Updated: July 24, 2016  Published July 24, 2016 In Anchorage, selling more expensive homes is getting harder. More listings, slower sales and flat prices in Alaska’s largest city are apparent across the housing market this summer, but… Continued

August 29, 2017

rehabbing alaska flip house

Home Rehabbing? Be Aware of These Costs.

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From Zillow Christina El Mousa Start your flip off on the right financial foot — with a little planning and the right team, you’ll keep your budget in the black. So you want to calculate the price tag on a house rehab, but you have no construction background. How do you go about it? Understandably,… Continued

July 11, 2017

Rental Vacancies Reach 10 Year High

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  An aerial view of homes in western Anchorage on Tuesday, July 19, 2016. (Marc Lester / Alaska Dispatch News)  From the Anchorage Dispatch News Anchorage’s typically tight rental market is loosening. Vacancies are up and rents are down compared to last year, with some landlords even offering one month free on a year lease… Continued

June 22, 2017

What Home Buyers Want

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From The Alaska Journal of Commerce Connie Yoshimura   If homebuilders are wondering what type of housing they should build in 2017 and beyond, all they have to do is read the recently published book by the National Association of Home Builders. The 124 pages with 156 pages of addendums is a blueprint of home… Continued

June 20, 2017

Housing both affordable and trendy snapped up in Anchorage

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By: Naomi Klouda Alaska Journal of Commerce   Key Anchorage building projects underway this summer add more than 100 units to residential availability and inject a nouveau mix of retail space for town segments in sore need of beautification. A glimpse at high market demand shows itself in the proposed Downtown Edge project sited above… Continued

June 14, 2017

Buying a Starter Home, Smart Move?

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Brendon Desimone Your parents’ rite of passage may not make sense for you. When the Baby Boomer generation was venturing into adulthood, it was common to buy a “starter home” — a modest, small dwelling. As their families grew and careers advanced, they moved into bigger or better homes. Now, many people struggle to come up… Continued

June 7, 2017

closing costs alaska

Who Pays What in Closing Costs?

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Brendon Desimone Zillow Usually, the buyer faces more line-item expenses, but the seller pays the commission. Rarely does a buyer or seller show up to the closing without knowing exactly what their costs of sale will be. In fact, based on the mortgage loan amount of the purchase/sale price, it’s not hard to ballpark either… Continued

June 1, 2017

alaska real estate data

What the Rise of Big Data Means for Buyers and Sellers

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From ADN Barb and Clair Ramsey Most Alaskans enjoy their privacy. We love the lesser-populated spaces and the majestic beauty of remote locations. The respect for privacy is one reason Alaska is one of 14 states that do not disclose the purchase price of a real estate transaction in public tax records. Yet is this… Continued

May 23, 2017

alaska homes for sale

What to Expect From an FSBO

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From Zillow Porchlight Will buying a FSBO home be easier, riskier, or the same? Here’s what to expect. During the home-buying process you’ll see tons of homes, mostly listed by real estate agents. But from time to time you might encounter a home listed for sale by owner (FSBO). You may even have a friend or relative… Continued

May 20, 2017

anchorage real estate

Remarkable Stability in Anchorage Market Year to Date

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Connie Yoshimura From Alaska Journal of Commerce Inside Real Estate/For the Journal Post date: Wed, 05/17/2017 – 12:43pm The first four months of this year have demonstrated a remarkable stability in the Anchorage housing market due to a continued lack of single-family inventory. The Multiple Listing Service tracks listing and sales data from thirteen geographical… Continued

May 17, 2017

Dutch Harbor House for Sale

Rare Dutch Harbor Property

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The fishing capital of North America. Home of the Deadliest Catch. Not to many lots, or homes come available in the town of Unalaska. This old house on a 5000sf lot in downtown Unalaska would be a prime candidate for redevelopment. Build a multi family building, rents are sky high in Dutch, and there is… Continued

May 16, 2017

4 Tips For Buying A Fixer Upper

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From Zillow Porchlight What if your dream home just happens to have ancient wiring and a cracked foundation? So you’ve set your sights on a home that, to put it mildly, needs a little repair work. The stairs are creaky, and you’ve noticed a leak (or three). Still, your mind is made up. What’s a… Continued

May 12, 2017

Anchorage Housing Market

Anchorage Housing Prices Not Quite Recovered

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From :Jeannette Lee Falsey Anchorage Dispatch News Alaska housing prices last year remained just short of recovering from the global Great Recession that started a decade ago, according to a new report from the state Department of Labor and Workforce Development. By 2016, Alaska’s average single-family home price was about $3,000 short of the 2006 prerecession high of… Continued

May 10, 2017