It’s no secret that housing nationwide represents the largest share of consumer spending and Anchorage residents are no different. According to the U.S. Department of Labor, Anchorage residents spend a whopping 41.3% of their income on housing, making it the most Continue Reading
Archives for December 2011
Lack of New Construction Frustrates Home Buyers
Last night a buyer said to me, “We were about to make an offer on a home built in l983 but then realized we’d be buying a home that’s almost thirty years old! We’re concerned about maintenance and repairs. Can you show us something new?â€Â Just a few days before Continue Reading
Low Interest Rates Create More Buying Power
Our current low interest rates are a bright spot in a flat housing market. Low interest rates allow buyers to qualify for a much higher valued home. The current rate on a thirty year fixed rate loan is 4.5%. When that interest rate bumps up just one percent which it surely Continue Reading
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.