According to a report by the National Association of Realtors, first-time home buyers have dropped to only 24% of all residential sales. These first-time homebuyers are not who you may think they are anymore.The median age is now 38 compared to the late 20s a decade Continue Reading
Anchorage Needs More Land
I have recently learned that the U.S. Census Bureau classifies Anchorage(MOA) and the Mat-Su together as a metropolitan statistical area (MSA). MSAs are areas with economic ties to the central area, as measured by commuting patterns. Currently, there are 57,000 vehicles per Continue Reading
Why You Should Buy a Condo —Now
Published Anchorage Daily News on 10.02.2024 By Connie Yoshimura In today’s market, condo sales can range from $1,125,000 for a luxury inlet view newer built single-floor condo with elevator to $189,000 or $80,000 lower depending on the style for a REKA Drive condo Continue Reading
The Million Dollar Phenomenon
Published in Anchorage Daily News 9.18.24 By Connie Yoshimura The “Million Dollar Phenomenon” has been a stealth growth in the Anchorage residential marketplace for the past 12 months with a reported 95 MLS closed sales above $1 million. Currently, Continue Reading
Still Looking for the ‘Missing Middle’?
Published in Anchorage Daily News By Connie Yoshimura Then, this Saturday and Sunday take a scenic fall drive north, turn off the Glenn and meander down the old Glenn road into Palmer from the back end past the airport and golf course. Stop for a Continue Reading
Commercial Marketing Update
Lottie Michael, senior vice-president of Berkshire Hathaway Home Services COMMERCIAL DIVISION, and I stood at my desktop for an interview on what’s happening in commercial real estate. Unlike residential real estate, commercial real estate is the Continue Reading
“We Are Still Looking for a Home”
Published in Anchorage Daily New on 7.24.24 By Connie Yoshimura Let’s pretend for the next 600 words that we are a first time home buyer family wanting to purchase a single family home in Anchorage. We’ve outgrown our two bedroom apartment Continue Reading
Single Family vs. Duplex
Published in the Anchorage Daily News 7.10.24 By Connie Yoshimura After 28 meetings hosted by Anchorage assembly members Daniel Volland, Meg Zalatel and Anna Browley in support of their HOME initiative to bring more housing units to the MOA and after hours of public Continue Reading
Why Building 1,000 New Housing Units Will Take time and Collaboration
By Connie Yoshimura Anchorage has a long road ahead of them to reach an annual goal of 1,000 new housing units in the coming years. Over the last seven years, Anchorage has averaged only 376 permits, including single family, duplex or multi-family. Continue Reading
Future of Anchorage Housing Hangs on Urgent Need for Affordability Solutions
By Connie Yoshimura Anchorage housing continues its first-class trajectory resulting in more and more buyers shut out of the market. According to MLS statistics, the first five months of 2024 showed an 11.95% increase in closed volume but only a 4.01% Continue Reading
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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.