The Anchorage residential market continues on its robust journey of higher prices and multiple offers. The May 2021 average sales price was $458,580, the highest monthly sales price ever recorded since January 2013. Yet, of last week’s 112 pending sales in Anchorage and Continue Reading
Memo to a New Administration
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
What You Need to Know When Considering a New Build
Late August is the rainy season and it’s also a reminder that if you want to have a new home built this year, you have about 45 days to get into the ground before builders will have to heat and tent their foundations which will add between $5,000 and $10,000 to the cost of a Continue Reading
Thoughts on the Home Office and Market Update
If you’re reading this article, you may be sitting in your home office enjoying your first cup of morning coffee or on your bike which is where I usually read the paper. However, whether it’s the kitchen table, garage, pantry, master closet, the forgotten guest room or the Continue Reading
Lack of Affordable New Housing Continues
Here at Berkshire Hathaway HomeServices Alaska Realty, we have just analyzed the single family permits from January 1 through July 24 2020 and the news is not good for buyers wanting to purchase a newly built home for the average sales price of $391,235 as reported by Continue Reading
Why I Work the Street
That’s what I call doing open houses on weekends. That’s about the only time buyers have to look at homes. The rest of the week they’re busy working one, two, maybe even three jobs so that they can qualify to purchase a new home. I work the street Continue Reading
2019 Real Estate Market Report & 2020 Predictions
There’s been little change in the Anchorage real estate market over the past five years. The average price of a single family home has remained stable, varying up and down by only a few thousand dollars from $364,919 to $375,000. Residential inventory has had a slow decline Continue Reading
It’s Time to Increase Lot Coverage Ratios
Seventy-seven per cent of all home buyers, regardless of age or geographical location, prefer to live in a detached single family home. That percentage has consistently increased since 2003 when the National Association of Home Builders first began Continue Reading
How to Buy a Home that Doesn’t Exist (Yet)
Welcome to the Spring Preview of Homes! Dwell Realty is honored to have 12 of the 28 entries which makes us at the epicenter of knowledge for buying and selling new homes. Last year there were only 193 single family homes built in Anchorage and for the first quarter of this Continue Reading
Is it a Buyer or Seller’s Market?
As always, the answer to that question depends on the price range, location and condition of the property. But, there are some trends worth noting. New single family permits are down for the first quarter of this year, see accompanying chart. MLS listings are also down from Continue Reading
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.