Alaska home prices keep climbing as interest hurts affordability

A Chugiak trailer park under eviction notice lacks clean water and sits on contaminated land. Many residents are fighting to stay. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Email not displaying correctly? [View the web version]( Today's sponsor: [Today's sponsor: Northrim Bank]( Support independent reporting on what Alaskans care about most. [Subscribe today.]( Good afternoon. It’s Monday, May 8. In today's newsletter: - About a hundred tenants at a Chugiak trailer court are facing eviction over what the city says are conditions too dangerous for people to go on living there. - Alaska housing prices continued to rise rapidly last year, even as higher borrowing costs made them less affordable, according to a new state report. - The House committee tasked with addressing Alaska's fiscal plan hasn't advanced bills referred to it that would levy new taxes or change the PFD structure. But it did advance a bill that would increase spending on home-schooled students by millions. Balto, the dog that pulled his way into history, has given scientists insight into what makes Alaska sled dogs and other working breeds unique. In his most recent column, science writer Ned Rozell delves into [a recently published paper on the dog’s genomics]( that establishes the diversity of 1920s sled dogs. Anchorage weather It's partly cloudy today with a high near 50 degrees. An east wind will pick up tonight, with gusts as high as 30mph. The forecast for the next several days calls for cloudy skies and daytime highs in the mid- to high 50s. Here’s what else is making headlines in Alaska today. — Megan Pacer, mpacer@adn.com [A Chugiak trailer park under eviction notice lacks clean water and sits on contaminated land. Many residents are fighting to stay.]( Squeezed between hazardous land and an eviction order by the Municipality of Anchorage, tenants in the Forest Park trailer court say they have few, if any, affordable options. Some officials see a warning sign of a worsening housing crisis to come. [Read More]( ADVERTISEMENT [Alaska home prices jumped again last year as high interest rates also hurt affordability]( The increase in interest rates pushed Alaska housing to its least affordable level in a dozen years. The average Anchorage home price of $469,000 represented a 20% increase since 2019. [Read More]( [Stalled on a fiscal plan, Alaska House Republicans turn to home-school funding]( House Bill 165 would raise the amount of funding per home-schooled child from roughly $5,300 to more than $7,000, and require that money be sent directly to parents, rather than funneled to the correspondence programs that oversee those students. [Read More]( [Hooligan fisherman rescued from Turnagain Arm mud flats after sinking to his waist]( A man was rescued from the Turnagain Arm mud flats Sunday after his leg became trapped while he was fishing for hooligan at the mouth of the Twentymile River, emergency officials say. [Read More]( [Alaska state agency gives preliminary approval to Valdez ski resort effort]( The project would provide skiing and summer activities in the Chugach Mountains about 6 miles east of downtown Valdez. Residents and officials say the community generally supports the idea for the resort, but they acknowledge it won’t be easy to pull off. [Read More]( ADVERTISEMENT More from the ADN [➡ Search underway for two climbers in Denali National Park last heard from Friday]( [➡ Alaska wrestler Spencer Woods proves ‘7th time is the charm’ with win over two-time Olympian]( [➡ Biden administration to propose compensation requirement for airline cancellations and delays]( [➡ Photos: Aviators descend on Palmer for the Great Alaska Aviation Gathering]( [➡ To improve kids’ mental health, some schools across the U.S. are starting later]( [➡ Scientists explore how migratory birds decide when to take off]( The ADN relies on readers like you. [Get digital access to the ADN for as low as $1.99 for the first month]( and help us cover the news that matters most here in Alaska. [Facebook]( [Twitter]( [Instagram]( [Click here to unsubscribe and manage your email subscriptions.]( Anchorage Daily News, 300 W 31st Ave, Anchorage, AK 99503, United States