Originally Posted by cma2407

Rather than spouting generalities from 2,800 miles away...here's the data:

Anchorage, AK real estate overview - Trulia.com

Over the last year, prices have dropped a whopping 1.6% in ANC. Higher priced homes have gone up...dramatically in some areas the crews live in. (Hillside +8.8%, avg home price $775k, Eagle River +1.7%...)

Sure doesn't look like a bubble in ANC...looks more like some folks will be selling out at close to the market peak...