OWNING CHEAPER THAN RENT? - 11/20/11 12:16 PM
ONLY ONE OTHER TIME IN THE PAST THIRTY YEARS HAVE I SEEN WHERE IT IS CHEAPER TO OWN THAN RENT IN YELLOWSTONE COUNTY. THAT TIME THE LATE 1980'S, CAUSED BY THE RECESSION AND FORECLOSURES OF THAT PERIOD OF TIME. YELLOWSTONE COUNTY WAS LIKE LAS VEGAS IS NOW WITH OVER 600 FHA REPOS AND 100 VA REPOS ADVERTISED IN THE PAPER EVERY SUNDAY. HOME PRICES HAD FALLEN FROM FORECLOSURES AND POPULATION DECLINE IN YELLOWSTONE COUNTY AND INTEREST RATE HAD DROPPED FROM 13% ON A 30 YEAR MORTGAGE ALL THE WAY DOWN TO THE REASONABLE 9% RANGE. THIS TIME AROUND WE HAVE SEEN PRICES DECLINE SLIGHTLY … (1 comments)

National Building permits and starts 11/17/2011 - 11/17/11 12:30 PM
When I look at the numbers they don’t paint a pretty picture starts and permits that include multifamily up 0.2 and 0.6% for the year in actual activity . when looking at the seasonally adjusted numbers  every category 53 to 60% off the fifty year average . not what I would call any kind of recovery almost 2 ½ years after the recession “ended”
 
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713 AGATE BILLINGS MONTANA 59105 - 11/15/11 09:04 AM
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october market performance - 11/06/11 02:25 PM
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