Alaska Real Estate Information

Alaska Real Estate

Lying astride the Arctic Circle, Alaska is the largest yet least populated states in the country. The name Alaska was taken from an Aleut word meaning “mainland” or “not an islang”, and indeed, an island, it is not. The state is bordered on the north by the Arctic Ocean, on the east by the Yukon Territory, on the southeast by British Columbia, on the south by the Gulf of Alaska and the Pacific Ocean, and on the west by the Bering Sea, the Bering Straight and the Chukchi Sea. The state’s location is one of the reasons why living in Alaska is incredibly interesting.

Alaska boasts of large areas of unspoiled natural beauty, which are both expansive and diverse. Snowcapped mountains, grandiose glaciers, and vast expanses of rolling tundra are abundant within the state’s area. The vastness of the territory and the unspoiled quality of the area necessitates much regulation in order to be maintained. As such, about 80% of Alaska’s territory is owned by the federal government.

Alaska’s resident population is about 550,000. Its real estate market is constantly growing though, mainly due to the migration of people in order to work in the petroleum  and oil industry, which is growing at a steady rate.  To date, only seven communities are significant in size – Anchorage, Fairbanks, Juneau, Kenai, Ketchikan, Sitka, and Kodiak.

The state’s real estate, however, is currently on the rise, with young families looking for a naturally lush, yet close-knit community that children could grow up in.

Anchorage Real Estate

The state’s real estate, is currently on the rise, with young families looking for a naturally lush, yet close-knit community that children could grow up in.

Alaska MLS

Alaska Mortgage

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