Real estate investment in Alaska is booming as investors buy and sell the cryptocurrency, as prices have soared in the state.
A new report from Alaskan Real Estate Research shows the state’s real estate markets are among the fastest growing markets in the nation.
Alaska is known for its great forests, beautiful lakes and pristine wilderness, and it has become a hot spot for cryptocurrency and altcoin investors.
According to the report, real estate investors are buying and selling Bitcoin and alt coins at an average of about $50,000 per month, with prices rising by nearly $20,000 a month over the past year.
Alaskan real estate analysts have found that investors are now buying and reselling Bitcoin and Altcoins in a massive increase, which is about 15 times faster than the average.
This has allowed investors to purchase properties at a discount, with average prices of about 10% of what they would normally pay.
Alaskans are also buying and buying in record-high volumes, as the number of properties available has jumped by more than 400% from last year.
For investors looking to cash out on Bitcoin and cryptocurrency, the report recommends they go for the Alaska Real Estate Market.
The report says: “Real estate prices in Alaska are among our top-rated markets, with strong and rapid growth in property sales, particularly in the Anchorage area.”
Real estate investors may be looking to buy a house in the greater Anchorage area because of its relative affordability, the analysts say, and because of the relatively low property tax rates in Alaska.
However, investors may also want to consider investing in real estate in Alaska because of high unemployment, which makes it a great investment opportunity.
The average price of a house on the market in Alaska in the first quarter of 2017 was $2.8 million, and that number increased by a whopping $12,931 per month over that same time period, according to the Alaska Department of Finance.
The average price is expected to increase further in the coming months.