Alaska appears to be getting through the national housing crisis with a little less drama than in other states.
Wednesday, February 25, 2009
Story last updated at 2/25/2009 - 11:35 am
Alaska appears to be getting through the national housing crisis with a little less drama than in other states.
Data gathered in the fall of last year by the Alaska House Finance Corp. indicates that average sales prices are stable in Anchorage and up slightly in Fairbanks. In addition, compared to the rest of the nation Alaska's foreclosure rates are small.
However, third quarter data indicates that home sales are down 20 percent in Anchorage, and 13 percent down in Fairbanks.
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