Anchorage, AK Foreclosed Homes & Properties

Foreclosure Homes for Sale in Anchorage, AK: What You Need to Know

Containing nearly 40% of the population of Alaska, Anchorage is second only to New York City in percentage of state residents contained in a single city. Lying equidistant to NYC and Tokyo, Anchorage is an important spot on the map for a great deal of the world’s industry, not to mention the fact that it’s won the All-America City Award 4 times. 

Know Your Neighborhoods

One of the best-liked neighborhoods in Anchorage is South Addition, a region of the city popular with young professionals and retirees alike featuring a variety of bars, restaurants, and parks. Similarly, Rogers Park is a quiet and safe neighborhood with highly rated schools. Some Anchorage residents prefer Girdwood, a small ski village with a feeling of a tight-knit community.

Things to Do in Anchorage

Avid hikers shouldn’t miss out on Flat Top, one of the most famous hikes in Anchorage. Locals promise a bird’s eye view of the city from the top on a clear day. Love craft beer? Anchorage is home to a variety of unique breweries including 29th State Brewing and Broken Tooth Brewing. Spend an afternoon taking in local history with the Alaska Culture Pass, a shuttle ticket that takes you between the Anchorage Museum and the Alaska Native Heritage Center. 

Job Opportunities 

Anchorage enjoys a thriving economy primarily sustained by such industries as transportation, local government, tourism, military, corporate headquarters, and natural resource extraction. Though the Alaskan landscape is rich with natural resources, one of the most significant is petroleum, the extraction of which employs a great deal of Anchorage residents. Around 10% of the Anchorage population is made up of military personnel and their families, working and residing on the combined Elmendorf Air Force Base and Fort Richardson. 

The Sports Scene

Anchorage is home to a variety of unique sporting events including the Fur Rendezvous Open World Championship Sled Dog Races, a 3-day event held each February. Anchorage also boasts three teams in the Alaska Baseball League: the Anchorage Bucs, the Anchorage Glacier Pilots, and the Chugiak-Eagle River Chinooks. 

Local History

In the early 20th century, the economy of Anchorage and of Alaska at large was driven primarily by the Alaska Railroad. Between the 1930s and 50s, air transportation and military proceedings became increasingly significant in Anchorage. In 1968, however, the discovery of oil in Prudhoe Bay resulted in an oil boom, creating huge prosperity for Anchorage.