I started my career in real estate so that I could make enough money to retire and write poems. And after thirty years, that’s still my goal! Along the way, I’ve discovered that selling real estate is just as creative as writing a poem. My professors at the University of Continue Reading
How to Appeal Your Tax Assessment
Those ‘pesky’ green cards are out to MOA property and business owners. By city ordinance, the cards must be mailed by January 15th each year and owners have thirty days from the mailing date to file an appeal. In order to do so, you must complete a written appeal form Continue Reading
Why Do Some Homes Sell in a Matter of Hours While Others May Take Months?
The average time on the market in 2016 for the 2,950+ homes that sold through MLS was 51 days. As you might expect, homes priced over a million dollar took longer to sell—an average of 92 days—while the shortest time on the market was 36 days for homes between $225,000 – Continue Reading
Test Your Real Estate Knowledge
Welcome to 2017! There’s lots of opinions about the local housing market but facts are always better than opinions. Take this quiz and learn the facts. 1. What was the average MLS sales price of a single family home in 2016? A. $260,000 B. $306,000 C. $366,000 D. Continue Reading
The Past Is Not Always the Future in Home Sales
A fourth quarter surge in activity brought 2016 within field goal range of 2015 home sales. Yearend sales for Anchorage came in just shy of 3,000, down only 58 sales from 2015. The late fall mortgage rate jump up to 4.325% for a 30-year fixed loan jolted both buyers and Continue Reading
Some Predictions for the 2017 Housing Market
Predicting the future is always a risky task for columnists and this year, in particular, is fraught with uncertainty, from the state’s economic stalemate and how the potential actions of President Trump may impact inflation and interest rates. Nevertheless, here’s an Continue Reading
What I Learned in 2016
What I love most about selling real estate is that every property, every buyer, every seller is different so it is never boring! Putting all those variables together to complete a transaction gives you a uber high of satisfaction. Every year also has a different set of Continue Reading
Cost Versus the Value of Remodeling
According to the cost vs. value report published by Hanley Wood, LLC. in 2014, mid-range remodeling projects vary greatly when comparing actual job cost to resale value. One project where owners can expect a 100% return, particularly in Alaska’s cold climate, is the addition Continue Reading
The 2017 Question: Remodel or Buy New?
It’s on the mind of most Anchorage homeowners who own a home built in the 1980’s and beyond. Anchorage’s housing aging stock is a boom for the big chain stores like Home Depot and Lowes who offer easy cosmetic remodeling for surface items like flooring, countertops and even Continue Reading
Interest Rate Jump Wakes Up Anchorage Buyers
This month’s mortgage interest rate jump up to 4.125 % has sent buyers scampering to find a new home. The week before Thanksgiving forty-five homes pended in Anchorage compared to twenty-seven in 2015. That trend continued into Thanksgiving week when six additional sales 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.