Archives for May 2017

The Department of Labor and Work Force Development has confirmed in their May report what real estate professionals have been saying all along “a reduced supply of housing has created stability in both the for sale and for rent housing market.” Statewide, only 2,120 new Continue Reading

By any indication, the Anchorage condo market continued on its path of stability for the first four months of this year. The average sales price of $214,000 has fluctuated less than $1,000 since 2015. The 94 reported closed sales in April were comparable to the 95 sales Continue Reading

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 areas from Turnagain Arm to Continue Reading

Working its way through the public process is a new land use concept which if passed by the Anchorage Assembly would allow for fee simple ownership of attached or detached homes on multi-family zoned land. Already vetted and passed by the Planning and Zoning Commission and Continue Reading

When appraisers are asked to establish the value of a property, they primarily rely upon past sales data. When sellers try to determine the value of their home, they often refer to a price they find on a flyer they have picked up in the neighborhood. Homeowners also Continue Reading