According to the Department of Transportation approximately 60,000 vehicles cross under the Muldoon overpass heading north out of Anchorage each day. Some travelers exit at JBER, Eagle River, Chugiak, Peters Creek or somewhere in between but 29,000 head to the Mat-Su Continue Reading
Spring Buying Season Arrives Early
Despite our record breaking snow fall, the spring home buying season has already arrived! There’s always been the annual influx of military, medical and oil related relocation buyers in the spring but this year they started arriving early as if they knew Continue Reading
What Is the Benefit of a Lot Reservation?
From the time a land developer purchases a tract of land until he/she is able to sell lots in a fully approved and platted subdivision, there are multiple steps and obstacles to overcome. That approval and construction process may take anywhere from six months (if you are Continue Reading
Why HOAs Are So Important
Aside from being the Broker/Owner of Berkshire Hathaway HomeServices, I am also a residential land developer. I began my development career almost forty years ago and specialize in single family new home communities, including Kempton Park, Turnagain View Estates, more Continue Reading
Have Interest Rates Had a Negative Impact on the Residential Real Estate Market
Sometimes I forget that the Municipality of Anchorage (MOA) is more than the Anchorage Bowl. Its 1,947 square miles stretching all the way to Portage and north to Eklutna. We all tend to be a bit myopic and get comfortable with our favorite Costco or coffee Continue Reading
If You Build It, Will It Sell?
And the answer is YES, despite the fact national homebuilder confidence has fallen for the 8th straight month. According to a recently published report by NAHB, 69% of builders reported higher interest rates as the reason behind falling housing demand, the top impact Continue Reading
Alaska’s Housing Shortage Continues
The good news is that single family permits have increased from last year. Through April 2022 single family permits rose to 73 compared to 62 in 2021. That’s not much of an increase but it’s a good start with the expectation that lower framing prices will encourage Continue Reading
Can Anchorage Build Its Way Out of the Housing Shortage?
Not if the April 2022’s most recent building safety activity report is any indication. Single family building permits are up from 62 to 73 but duplex permits are down from 24 units in 2021 to 8 this year. That’s a breakeven number for the two most desirable housing Continue Reading
Hello Mat-Su!
I’m sure this headline comes as a surprise to many of you who have known me for over forty years as an ‘Anchorage’ realtor and residential land developer. However, I can no longer ignore our great neighbor to the north. Forbes Magazine recently rated the Gateway Continue Reading
Unprecedented Market Conditions
Never in my forty years of real estate have I seen a market quite like this one. The bidding war for homes in excellent condition, regardless of their age, is even more competitive in 2022, than last year’s frenzy of multiple offers and escalator clauses. The Continue Reading
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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.