market reports: Bozeman Area Real Estate Market Report May 2017
- 05/12/17 10:28 AM
As it has been for quite some time, the Bozeman area real estate market is on fire. Demand remains high, and inventory remains low, creating a Seller's market. Below are your Bozeman and Belgrade area Real Estate Market Reports. Bozeman Single Family Homes Real Estate MarketCurrently there are 217 sales pending in the market overall, leaving 224 listings still for sale. (See Bozeman Single Family Homes currently on the market HERE.) The resulting pending ratio is 49.2% (217 divided by 441). So you might be asking yourself, that's great... but what exactly does it mean? I'm glad you asked! The pending ratio indicates the supply … (0 comments)
market reports: Smart Growth v. Past Growing Trends
- 03/27/13 04:34 AM
The housing market we see emerging around us more and more is full of life and energy, but when you look deeper, it still bears the faded scars of the market collapse—and it seems consumers are learning from them. People are actively choosing to control the real estate market. This is an emerging trend never seen before. People and their values are beginning to trump the allure of best deal mentality and this is driving force for the market. Not visa versa (where the market prices i.e. cheapest supplies are controlling population movement). This break from longstanding traditional norms is the … (10 comments)
market reports: February Jobs and Real Estate Trends
- 03/12/12 12:44 AM
The housing market has been called the anchor holding the economic recovery down. In the past, the comeback of a healthy job market is highly dependent upon the construction sector (nearly 25% of recovery is attributed to new construction). Most recent job reports show rapid improvement in 25-34 year olds, the same age group who feed the housing demand. Numbers show the unemployment rate dropping for this age group by 9% in January and 8.7% in February. “Today’s jobs report means housing demand will pick up: as young people go back to work, they’ll be able to rent their … (1 comments)
As it has been for quite some time, the Bozeman area real estate market is on fire. Demand remains high, and inventory remains low, creating a Seller's market. Below are your Bozeman and Belgrade area Real Estate Market Reports.
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