CONSTRUCTION
CONSTRUCTION
- State scraps revisions to workforce training regulationsState Labor Department officials have for now scrapped a plan to overhaul training requirements for aspiring plumbers, electricians and linemen following strong pushback from legislators and numerous… Read more
- Quake-free 2019 means dip in construction spending in ‘20The amount of money flowing into Alaska’s construction industry is expected to dip to roughly $6.7 billion in 2020 but large resource projects on the horizon continue to fuel hope for industry… Read more
- Understanding the military’s role in Alaska’s economyOn May 13, 2005, Fairbanks residents awoke to a startling possibility: the loss of as much as a third of the borough’s population. The reason? The Department of Defense Base Realignment and Closure… Read more
- State settles Alaska hire suit for $50,000The State of Alaska has paid $50,000 to settle a lawsuit challenging the validity of its resident hire law following a legal opinion from Attorney General Kevin Clarkson agreeing with the company… Read more
- Alaska hire preference in limbo after AG drops defenseEditor’s note: This story has been updated with a statement from Associated General Contractors of Alaska Executive Director Alicia Siira. Alaska’s local hire requirements are a touchy subject these… Read more
REAL ESTATE
- INSIDE REAL ESTATE: Anchorage, Kodiak only areas to see vacancies up, rents downAnchorage and Kodiak were the only two areas where vacancies rose in 2018 and rents dropped, according to the latest survey by Alaska Economic Trends in conjunction with the Alaska Housing Finance… Read more
- INSIDE REAL ESTATE: Time is now to build a rental portfolioLack of new housing starts, particularly in duplex and multi-family, make it a good time for the small investor to enter the market. Multi-family permits are down 50 percent from last year with only… Read more
- INSIDE REAL ESTATE: Report shows $40M drop in permitsThe Municipality of Anchorage’s six-month building activity report was published last week and it’s not good news for the construction industry. Overall permits are down by $40 million. This year’s… Read more
- INSIDE REAL ESTATE: It’s property tax time for AnchorageThe second half of Anchorage’s 2018 property taxes are due Aug. 1. If you’re a residential property owner with a mortgage, this date probably goes by without notice as your taxes are collected on a… Read more
- INSIDE REAL ESTATE: Take extra step at closing to protect privacyEven though the state of Alaska is a non-disclosure state when it comes to the final sales price on a property, the statewide Multiple Listing Service purchase and sale agreement contains the… Read more