Alaska: the "fresh" news and the forecast for 2019 of the real estate market
In 1959, becoming the 49th state of the USA, Alaska is the largest state in terms of surface area in America (over 600,000 square meters). Despite this, at the population level it is the 48th least populous state. A contradiction that echoes a lot and that weighs enormously in the real estate market.
If you are interested in buying a property in Alaska, certainly these fresh fresh news and forecasts for 2019, may prove useful.
It should be noted that the real estate market in Alaska has encountered many problems in previous years, but is experiencing a period of new trends that could lift it.
On average, the sale price of a house is 230,000 dollars but the trend that is taking place in the 'last frontier' is that of Duplex.
This is a rented unit that is underwritten by several tenants.
This phenomenon was caused by the increase in owners of millennial homes (59% received as inheritances) and by the downsizing of the family.
What were the other factors that influenced the real estate market in Alaska in 2018?
Increase in housing shortages
Prevalence of renters
Reduction of wages for young earners
Increase of state property tax of 1.23%
We can say that, currently, the real estate market in Alaska is varied. The statistics show a collapse of single-family homes until 2020 and an increase in tenants and the construction of duplex and multi-unit buildings.
The only guarantee? The uniqueness of Alaska does not allow external factors to easily access not only in the economy, but also in the brick market.
Being an extremely vast state, obviously housing prices vary depending on the area.
We certainly recommend Anchorage, which with its beautiful landscapes, has a vibrant economy and a thriving property market.
Impossible not to mention the capital Juneau, which has higher sales prices but citizens enjoy a much higher standard of living.
In conclusion, it is possible to state that overall the real estate market is alive and growing, especially in terms of leasing contracts.
If you are interested in buying a property in Alaska, certainly these fresh fresh news and forecasts for 2019, may prove useful.
It should be noted that the real estate market in Alaska has encountered many problems in previous years, but is experiencing a period of new trends that could lift it.
On average, the sale price of a house is 230,000 dollars but the trend that is taking place in the 'last frontier' is that of Duplex.
This is a rented unit that is underwritten by several tenants.
This phenomenon was caused by the increase in owners of millennial homes (59% received as inheritances) and by the downsizing of the family.
What were the other factors that influenced the real estate market in Alaska in 2018?
Increase in housing shortages
Prevalence of renters
Reduction of wages for young earners
Increase of state property tax of 1.23%
We can say that, currently, the real estate market in Alaska is varied. The statistics show a collapse of single-family homes until 2020 and an increase in tenants and the construction of duplex and multi-unit buildings.
The only guarantee? The uniqueness of Alaska does not allow external factors to easily access not only in the economy, but also in the brick market.
Being an extremely vast state, obviously housing prices vary depending on the area.
We certainly recommend Anchorage, which with its beautiful landscapes, has a vibrant economy and a thriving property market.
Impossible not to mention the capital Juneau, which has higher sales prices but citizens enjoy a much higher standard of living.
In conclusion, it is possible to state that overall the real estate market is alive and growing, especially in terms of leasing contracts.
