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Latest Realty News from NAR

Pending Home Sales Weaken in January

WASHINGTON (February 27, 2017) — Insufficient supply levels led to a lull in contract activity in the Midwest and West, which dragged down pending home sales in January to their lowest level in a year, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, decreased 2.8 percent to 106.4 in January from an upwardly revised 109.5 in December 2016. Although last month's index reading is 0.4 percent above last January, it is the lowest since then.... Read More

Stable Growth Expected for Commercial Real Estate in 2017

WASHINGTON (February 23, 2017) — Steered ahead by strengthening demand in smaller markets, the commercial real estate sector should remain on stable ground in 2017 and offer decent returns for investors, according to the latest National Association of Realtors® quarterly commercial real estate forecast.

National office vacancy rates are forecast by Realtors® to retreat 1.1 percent to 12.1 percent over the coming year as job growth in business and professional services brings increased need for office space. The... Read More

Existing-Home Sales Jump in January

WASHINGTON (February 22, 2017) — Existing-home sales stepped out to a fast start in 2017, surpassing a recent cyclical high and increasing in January to the fastest pace in almost a decade, according to the National Association of Realtors®. All major regions except for the Midwest saw sales gains last month.

Total existing-home sales 1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, expanded 3.3 percent to a seasonally adjusted annual rate of 5.69 million in... Read More

DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the AK MLS IDX of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than [Brokerage of Site Owner] are marked with either the listing brokerage's logo or the AK MLS IDX logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing information is updated daily. Copyright 2017 Alaska Multiple Listing Service, Inc. All rights reserved. Listing information last updated on 2017-02-27 11:23:35

Alaska 1 Realty
1712 Mill Bay Road Suite C
Kodiak, AK 99615
Phone: (907) 486-4663
Fax: (907) 486-5674
Email: alaskahomes@gci.net

Grant Shields
Owner/Broker
Cell: (907) 539-2663
Phone: (907) 486-4663
Email: grants@gci.net

Angela Craig
Property Manager
Cell: (907) 320-1466
Phone: (907) 486-4663
Email: angelac@gci.net

 

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