It's been a busy week in Anchorage real estate.I personally listed 3 properties and within 5 days one of them had pended. A look at the local MLS confirms that things are still movin'.
A quick look at Realtytrac- one of the nations top foreclosure tracking company's / website shows that Alaska is ranked number 34 with regards to number of foreclosures for Aug 2009. 17 other states had less than us (DC is included, and they had a lot more). We were down 33% from the month before.
And the most alarming fact that shows Alaska is still a great palce to live- 6 states account for 62% of all foreclosures in the US.
The Title 21 re-write is almost done, and they are proposing putting it to work spring 2010. A local architect told a group of real estate professional on tuesday that with the new changes comes an expected increase in workload during the planning phase of a project. This means it's going to cost more to even get a project off the ground.
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