Test Your Real Estate Knowledge!

1. What is the average rent for a two 

bedroom apartment in Anchorage?

A.   $800     

B.   $1,000   

C.   $1,200

 

2. Does the landlord include utilities in 

the above rental amount?

 

3. What does a three bedroom single 

family home rent for in Anchorage?

A.   $1,849  

B.   $2,149     

C.   $2,349

 

4. What is Anchorage’s vacancy factor?

A.   6.2%       

B.   4.2%       

C.   7.75%

5. What is the vacancy factor in the Mat-Su Borough?

A.   7.3%           

B.   8.3%          

C.   4.6%

 

6. When my son or daughter grows up, I want them to earn a good living by becoming:

A.   Lawyer     

B.   Chef          

C.   Carpenter

 

 

7. Have Anchorage condos increased or decreased in value in 2018 and by how much?

A.   Increased by 3.2%     

B.   Decreased by 1.6%        

C.   Stayed the same

8. How many million dollar homes have sold in Eagle River in 2018?

A.   One     

B.   Three    

C.   None

 

9. How many have sold in Anchorage?

A.   Five         

B.   Eight          

C.   Twelve         

D.   Sixteen

 

10. Averages are only indicators.  Has the average sales price for single family homes increased or decreased recently?

 

11. What is the average sales price of a single family home in Anchorage?

 

12. How many single family building permits have been issued through August 2018?

 

13. What was the average price of a hillside lot that sold in 2018?

A.   $140,000      

B.   $185,000         

C.   $220,000

 

14. What is the largest issue facing the real estate market today?

A.   Lack of inventory         

B.   Affordability            

C.   Alaska’s aging inventory

 

Answer Key   1. C   2. Yes   3. B   4. A   5. A   6. C   7. B   8. C   9. D   10. Increased   11. $377,000   12. 114   13. B   14. All of the Above

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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