Is it a myth or reality that Anchorage citizens want to live downtown? According to the new housing report published this week by the Anchorage Economic Development Corporation “millennials to seniors, want to live close to downtown and in smaller-scale housing.” Continue Reading
An Overview of National Housing Trends
Robert Deitz, chief economist for the National Association of Home Builders, was in town this past week to address housing officials and real estate folks, about the rising risks for the housing market. This was his third annual trip to Anchorage sponsored by the Anchorage Continue Reading
A Perspective on the Anchorage Housing Market
Despite Alaska’s three years of economic recession, the Anchorage housing market has remained stable with no noticeable decline in values except in isolated circumstances. So, unlike our neighbors to the south where both Portland and Seattle have seen recent rapid Continue Reading
Home Prices Remain Stable Due to Anchorage’s Lack of New Home Builds
The August issue of Alaska Economic Trends has confirmed what we’ve known all along and that is home prices haven’t dropped during Alaska’s three year recession. However, they do have a good take on why that hasn’t happened. As previously discussed in their July Continue Reading
Anchorage’s Million Dollar Home Market
Despite Alaska’s economic recession, more and more buyers are searching out and purchasing million dollar homes. A recent survey of past MLS sales between $800,000 and $1.25 million, revealed that 32 sold in 2016, 42 in 2017 and year to date 22 sold and 10 in pending status. Continue Reading
What Does a Quarter Pounder and the Anchorage Housing Market Have in Common?
Well, according to the July issue of Alaska Economic Trends, the Juneau quarter pounder with cheese at $5.29 is the fourth most expensive burger in the U.S. The Anchorage burger at $5.02 fell out of the top ten and now ranks 11th. Mimicking the burger, Anchorage is also no Continue Reading
The Myth about Where Millennials Want to Live
Millennials, those born from 1981 to 1996, have been slow in embracing home ownership but much of that hesitation is now changing as they begin to marry and start families. Burdened by massive amounts of student loan debt, $1.5 trillion, according to national 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.