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Old 01-19-2012, 03:22 PM
 
Location: Palmer
2,492 posts, read 3,998,727 times
Reputation: 1248

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Prices are all relative to the general locality. I have done several studies on prices in the Mat-Su area. Prices dropped between 2006 and 2008 but have held pretty steady since on residential homes. Raw land may have slipped a little more but is still fairly steady. Alaska is 49th of the 50 states in the rates of foreclosure with North Dakota being 50th. So far so good. But Alaska is a micro-economy that can turn on a dime. It depends entirely on what happens with the oil industry.
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