I personally put more weight into those posts from people who've been through at least one downturn in the market vs. those who've only been riding the wave of this current run up.  

Whereas, the long game of buy and hold real estate just rides through the down periods and allows you to continue growing your account by averaging your portfolio down during the down periods and buying back up in the prosperous periods.  

Personal opinion-Residentially, with the exception of the houses on the block next to the beach (the 1.5M ones), the beaches have been riding on the fact that they're next to the beach.

However, I agree with you that the AK market is probably in for a rough ride over the next year or so.

Been a wild ride this year but I have never had a business kick off profits so fast as this business.

Besides touring available properties, the ride along included stops at locations  where he had pending sales to meet with property inspectors, and some of his own properties to meet with contractors.

If I'm willing to ride down a street at night, that's a block worth looking at.

People are willing to look in new areas especially when the rising rents justify renovations and when they realize that the train ride to Malden is like 25 seconds.

@Ben D.Sure, fixing and renting is a great way to do it - but because the market is tight here be prepared for a long ride.

You need patience.Make sure you can ride it out without need to sell your home.