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consumer spending recovery - 05/27/12 03:57 PM
Thoughts to ponder Looking at the information from Gallup on consumer spending comparing before the great recession and financial collapse in the fall of 2008, the 14 day rolling average of consumer spending to 2012, consumers report that they were spending 15.9% and 21.64% less than in January and May respectively in 2012 as compared to 2008. Looking at the bottom in 2010 consumers report that they spending 5.7% and 11.76% more respectively in January and May 2012 as compared to 2010. According to the bureau of labor statistics from consumers prices have risen 4.46% and 5.53% January and May respectively
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National home building april numbers - 05/26/12 12:07 PM
The April new construction numbers are in, for the national construction business, and on a year over year some positive trends no doubt, also the trends movement from the bottom are positive, but you have a nagging feeling that all is not well in the construction business. When permits, starts and sales are off between 45 to 52% from the 50 year average, the industry as a whole still has some pretty serious challenges. Since the peak year was back in 2005 and the time span is now seven years, as business picks up there will be challenges in finding
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4227 Audubon Way, Billings MT 59106 - 05/23/12 05:14 AM
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1128 Saint Johns Avenue, Billings MT 59102 - 05/22/12 05:19 AM
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5715 Sweetgrass Creek Drive, Billings MT 59106 - 05/21/12 05:21 AM
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1024 Lost View Drive, Billings MT 59105 - 05/21/12 05:19 AM
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359 Stewart Court South, Billings MT 59105 - 05/16/12 12:56 PM
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1024 Lost View Drive, Billings MT 59105 - 05/16/12 12:53 PM
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Market update at glance April 2012 - 05/05/12 12:09 PM
Another month and a third of the way through 2012. The market is moving faster than what I expected, I truly believed that it would take till late summer to have the improvement in numbers that we are seeing. All the numbers are stand outs, so I will comment first on price movement. When you look at the both the average and median selling price it appears the market is really making a movement and it has, yet not quite as big as it appears on the surface the “REAL APPRECIATION” YEAR OVER YEAR BASED BOTH ON PRICE AND SIZE IS
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Howard Sumner
Billings,
MT
More about me
Howard Sumner Real Estate
Address: 404 north 31st street, suite 130, billings, mt, 59101
Office Phone: (406) 245-6890
Cell Phone: (406) 698-3051
Email Me
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