Anchorage’s Housing Shortage Continues into 2017

Today is the final day of the Spring Preview of Homes. Twenty-seven brand new homes in various stages of construction are open from one to five pm. I encourage all of you, whether you are a buyer looking for a new home, a real estate professional, a homeowner looking for remodeling ideas or a curious neighbor, to support our local home builders by visiting these homes. As these charts demonstrate, Anchorage has a housing crisis. For a city of approximately 298,000 to have less than two hundred new homes built in a year demonstrates a lack of civic responsibility. Not only by its financial institutions who have curtailed lending but also by elected officials who promise stream lining for development and building and have yet to deliver.

This week’s recently released permit figures for the first quarter in 2017 show the trend continues with only 27 new single family permits—one more than in 2016. Only 12 duplex units were permitted in 2017 compared to 14 in 2016 and no multi-family permits have been issued so far this year. While communities and builders in the lower 48 work to catch up with low inventory, Anchorage lags behind the rest of the nation. At this rate, Anchorage is not even replacing the housing units that are destroyed by fire.

Our local home builders, many who are born and raised in Alaska, work year round to create energy efficient new homes in a climate that requires more cost and supervision than in the lower 48. Let’s support them by showing our appreciation of their efforts by taking the time to visit their homes on a sunny afternoon.

Author: Connie Yoshimura

Connie Yoshimura, owner/broker of Dwell Realty, has over 30 years of residential real estate experience with an exemplary track record of excellent customer service and extensive community knowledge in Anchorage and Eagle River. Connie has built a solid reputation in the real estate community and she was the number one individual realtor according to MLS in 2015. Connie served as the Chair of Planning and Zoning Commission for the Municipality of Anchorage and she has ample experience on developing communities from the ground up, including such popular neighborhoods in Southport and southeast Anchorage. Her avocation is playwriting and she has a Master of Fine Arts degree from the Writers’ Workshop at the University of Iowa, Iowa City. Her plays have received productions and/or staged readings in Los Angeles, New York City, Oklahoma City and her hometown of Anchorage, Alaska where she resides with her husband, Ric Davidge, project manager for CY Investments, LLC and two poodles, Peaches and Hapa. Connie is a popular real estate columnist and her articles appear in Alaska Journal of Commerce, Alaska Dispatch News, and Homes and Land Magazines. She was featured in Anchorage’s Centennial book on Anchorage by Charles Wohlforth. If you’re interested about real estate in Anchorage and Eagle River, you could read her latest blogs at www.columnsbyconnie.com. Connie is proud to have helped thousands of buyers and sellers through the challenging process of marketing, negotiating, and closing on their homes. She looks forward to assisting you with your home buying and selling needs. She is also available as a residential land development consultant. You may contact her at cyoshimura@gci.net or call her at 907-646-3670 (Office) or 907-229-2703 (Cell). My Listings

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