With change comes opportunity and there certainly is a lot of opportunity to make housing more affordable in Anchorage. The cost of housing always begins with the cost of land which is calculated not just by square foot or acreage but by its current allowable use as defined Continue Reading
Why I Love New Homes
Because they have no ghosts; no fingerprints of a past life; no lost memories. It’s a new beginning mingled with the smell of sawn cedar, LED lights and smooth, freshly painted walls with no texture. It’s a first coat of paint—pure and simple—in so many different Continue Reading
Is Our Housing Market Overheated?
Definitely not. And here’s why. Unlike the housing debacle of the late 1980’s, Anchorage hasn’t had 6,000 residential permits in a single year and hundreds of homeowners are not dropping off the keys to their house to their local lender. It’s true, we’ve had a dribble of Continue Reading
How to Make Your Best Offer Better
In my forty years of assisting buyers and sellers navigate the purchase or sale of their home, which is for most their largest investment, I’ve never seen a market quite like the one Alaska is currently experiencing. An almost decade long lack of new housing Continue Reading
24 Hours of Daylight is Right Around the Corner
Today, Anchorage has 14 hours and 45 minutes of daylight. And all I can see with this daylight is how dirty my windows are! Time for some spring cleaning! Just because inventory is at record lows and some homes sell within 24 hour doesn’t mean that you shouldn’t clean your Continue Reading
Spring’s Housing Market Takes a Difficult Turn
As a result of the covid-19 pandemic, 2020 will be forever remembered due to Alaska’s closed schools and businesses and the resulting upheaval of lifestyles and professional and financial disruption. Every Alaskan community and citizen reacted differently to the Continue Reading
Frustrated Buyers Turn to New Construction Homes
More and more buyers are tired of losing out in the local market. Searching online at midnight; waiting in line to see a new listing; offering more than listed price; adding escalator clauses; and offering to purchase sight unseen. And in some circumstances, making Continue Reading
A SnapShot on Alaska’s Competitive Housing Market
Yesterday, there were only 214 active residential listings in the Municipality of Anchorage which includes not only Anchorage but Eagle River, Girdwood and Indian. Compare that to 565 pending sales. That balance between inventory and pending is upside Continue Reading
How Many of You Know the Popular In-N-Out Burger?
I can’t help but compare Alaska’s in and out migration to that popular burger. Net migration is the number of people who move to Alaska minus the number who leave. For decades, Alaska has enjoyed net migration but that changed between 2015-2020 when Alaska lost migrants in Continue Reading
How to Buy a House That Doesn’t Exist
With less than a one month supply of single family homes for sale in the Municipality of Anchorage, frustrated buyers wanting to take advantage of historic low interest rates are exploring new construction. However, with few speculative homes being built, buyers are having Continue Reading
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Connie Yoshimura, Owner/Broker of Berkshire Hathaway HomeServices Alaska Realty, has over 30 years of residential real estate experience. She was the number one individual realtor, according to Multiple Listing Service, in 2015,2016, 2017.