Alaska Business Insider

Alaska’s economy never stands still. One minute the oil industry is booming while tourism companies are tottering, and the next the construction industry is laying down its hammers while fishermen are enjoying strong catches.

In this blog we’ll track those highs and lows, resource development disputes, new ventures and many other topics. We’ll rely on our own reporting as well as bring you relevant news from other media or any other source that has information of interest to people following Alaska industries, from mining to retail to real estate.

We encourage your comments on our posts, but please keep them courteous and on topic. If you violate the ADN comment policy, your posts will be deleted.

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Alaska tribe takes coal mine concerns to UN - 2/25/2011 1:22 pm

Missed deadlines on North Slope gas line - 2/24/2011 4:42 pm

Pat Galvin's new job - 2/24/2011 4:24 pm

Sport groups pressure EPA on Pebble - 2/24/2011 3:27 pm

Study highlights Arctic drilling's economic impact - 2/24/2011 1:46 pm

Muni changing wireless, Internet providers - 2/23/2011 9:06 pm

Local housing market flat, but 'relatively healthy'

From Bill White --

USA Today has an article today about the relative health of Anchorage's housing market -- relative to the real estate disaster in some parts of the country.

The article says what we've reported here several times:

Although Anchorage has seen some home foreclosures, it has largely been spared most of the epidemic.

Among the article's points:

-- House sales have slumped after perking up earlier this year with first-time buyers tapping the tax credit that since has expired.

-- Prices have softened to the levels of about three years ago.

The article has three charts comparing Anchorage and Alaska sales and prices with national averages.

Here's a link to the article.

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