Right now, Alaska has among the fewest foreclosed properties in the nation.  We've had our fair share of "sub-prime" loans here, but so far the majority of people with them are coping or refinancing.

Interest rates have been extremely favorable allowing many homeowners to refinance and bring their payments down.  In the last week they've started creeping up again as the debating in the Senate continues on how the stimulus package will end up.

In Anchorage at the end of last year, sale prices remained fairly stable from last year, though the total number of sales declined slightly.  Some areas of town did better than others as far as sale prices and number of sales.  I won't report a bunch of numbers because there are reasons numbers of sales declined in certain areas, like the number of new construction condos decreased.

List to sales price again remained stable with the sales price running from 96 to 98 percent of list price.  Across the board, the number of days on the market did increase anywhere from 5 to 30 percent.