Of the 20 homes entered in the Anchorage Spring Preview of Homes 8 averaged over $1 million. Hundreds of visitors flocked to see the latest in their WOW factors from the panoramic vistas on Potter Valley Road to the hidden gems nestled in upper hillside cul-de sacs. But Continue Reading
The Return of the Ranch
Much of Anchorage’s original housing stock consisted of ranch homes in Nunaka Valley, Old Turnagain and the ‘pilot’ housing along the original airstrip that we now call the ‘Park Strip’. The Nunaka Valley homes were small square footage, many with just two bedrooms and Continue Reading
Driving to the Mat-Su
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
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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.