At closing, the settlement statement adjusts buyer and seller’s debits and credits.  It includes the sales price of the property, deposits made towards the purchase price and the new loan amount.  Pro-rations and adjustments include taxes, daily cost of early occupancy if Continue Reading

This is the time of year when everyone’s thoughts turn to landscaping and outdoor maintenance.  Whether it’s buying that Bell’s hanging basket for your deck or installing a brand new yard,  each homeowner  and condo association is  unique in their rules and requirements when Continue Reading

Listen up, Alaska, if you’re waiting for the housing market to tank so that you can buy a bargain basement home, your wait may be longer than you think.  Alaska ranks ‘Best in the Nation’ when it comes to subprime delinquencies at 6.3% when compared to the U.S. average at Continue Reading

According to the Chugiak –Eagle River Chamber of Commerce, the area represents an estimated 12 percent of the Municipality of Anchorage’s population. Its last estimated population was 35,600, a 38% increase over the past twenty years. Long considered a stepsister to its more Continue Reading

According to the latest census data for 2015, Anchorage has lost 1,458 residents when compared to 2014 while her popular neighbor to the north, the Mat-Su Borough gained 1,801. How many of Anchorage’s lost neighbors became residents of the Mat-Su is hard to calculate, but Continue Reading

There are many elements that go into a brand new home. What buyers see and evaluate is the structure itself. However, the land and what is underneath the land, is 20 to 30% of the total cost of the home itself.  Anchorage is not really running out of land as the popular Continue Reading

Condo sales in the Municipality of Anchorage have remained consistent YTD when compared to the same time as last year’s, and prices are stable with only 0.82% increase from 2015. This bodes well for the first-time home buyer and downsizers who are looking to scale back their Continue Reading

Recently, I had the opportunity to visit with a family moving to Anchorage from Houston, Texas. Like all savvy buyers, for several weeks prior to their arrival, they had been looking at homes on Zillow. Zillow is the most popular site in the world for real estate searches, Continue Reading

According to the latest statewide MLS statistics, homes sell within 98.04% of their current asking price and within 95.90%  of their original asking price.  How your home is priced when the for sale sign goes up plays an important role in the number of showings and how Continue Reading

According to the Municipality’s own assessment, Anchorage annually needs 909 new housing units which include multi-family, duplex, and single-family. Since 2008, when they began the needs assessment, Anchorage has fallen far short on meeting the acknowledged goal, and this Continue Reading