Property for sale in Alaska
Alaska is located at the end of North America. The main industries in the country produce fishing, natural gas and oil industries, but military base operations and tourism also have an important part in the economy of the state.
They are also one of the two states with Hawaii not to belong to the so-called contiguous United States.
Precisely for this reason, the real estate market of Alaska fluctuates based on the strength of these industries.
The unemployment rate in Alaska is higher than the national average, but the state is in 8th place in terms of poverty.
The job market of Alaska increases by about 6% by 2024. For this reason real estate market in Alaska is healthy and it will increase the number of property for sale in Alaska.
The real estate market in Alaska has seen some changes and it is living a series of positive things that will continue for the next few years.
For this reason, now is the time to buy a property for sale in Alaska. It is possible to expect this trend to continue until 2020 in the real estate market in Alaska, so everything that was sold before could see value in a better way.
The offer of properties for sale in Alaska is varied. Alaska has a lot to offer, considering the fact that, by area, it is the largest state in the United States.
Anchorage is the largest city in Alaska. Anchorage is famous for its beautiful landscapes, especially in winter.
Livability declared Anchorage as one of the 10 best winter cities.
The second most popular city in Alaska is much less populated than Anchorage. In fact, it is Juneau, the capital of Alaska. Juneau hosting 32,000 people.
Juneau has a higher home sales price than Anchorage, but also has a higher average income.
The real estate market of Alaska is in its tendencies
The real estate market in Alaska offers many single-family homes and the number will increase throughout the year 2020.
For the reason that Alaska is so unique, external factors are unlikely to come into play unexpectedly.
Alaska is a beautiful state, with a constantly growing market and housing economy. If you are thinking of buying a property for sale in Alaska, you should consider all the factors mentioned above.