09-01-2016 03:29 via alaskapublic.org

Real estate remains real stable in Alaska’s largest market

Despite dismal revenues from declining oil prices, the state’s largest real estate market remains strong.
In an annual presentation to city officials on property values, Anchorage’s municipal assessor Bryant Robbins showed a steady rise in overall property values.
Residential units are the bulk of Anchorage’s property tax base–assessed this year at $25.53 billion, a growth of about 3.5 percent percent over last year. On average, homes sold at $11,888 above their asse
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