Billings Heights West of Main Real Estate Market Less Active During This Holiday Season - 12/12/10 12:19 PM
The Billings Montana Heights, West of Main Street Real Estate market is less active during the Holiday Season, but is this any different than any other year?  Well, not really if you take into account that we've had the 2nd snowiest November on record, and not much of that snow has melted!
Are there still people out there hunting for homes?  You bet, in fact, 16% of the homes for sale are under contract right now, some are pending and some are contingent. This Activity Index is much more favorable to buyers where an Activity Index above 25% is much more … (1 comments)

Your Realtor is not Your Home Inspector - 12/08/10 06:22 PM
Your Realtor is not your home inspector, period!
So if your Realtor tells you that the roof looks fine and the foundation is strong, it may be a good opinion based on a general intelligent observation, but it is not a substitute for a home inspection.
A home inspector is another opinion, by a "hired gun" that a home buyer or seller pays, regardless of the outcome.  The home inspector is contracted to perform the inspection duty, whether or not they find anything wrong, and, there's almost always something less than perfect.
I don't appreciate home inspectors that freak out about … (6 comments)

How's the Market in Shepherd, Huntley, Worden, Ballantine and Pompey's Pillar this December 2010? - 12/06/10 06:30 PM
How's the Market in Shepherd, Huntley, Worden, Ballantine and Pompey's Pillar this December 2010?  The Shepherd area is leading the pack in sales volume.
Let's look at supply and demand:
Supply = number of unsold homes on the market, includes active, pending and contingent listings Demand = number of homes that sold and closed during the period Shepherd Montana Homes For Sale and Sold in the past 90 days
37 Unsold homes for sale
15 Sales over the last 90 days
At a rate of 5 sales per month, it would take 7.4 months to sell all of the current inventory
… (0 comments)

It's Pretty Slow Going for land sales in the Shepherd, Huntley, Worden, Ballentine and Pompey's Pillar Montana area - 12/02/10 04:43 PM
Montana lots and land sales are a hard sell this time of the year, especially since we've had the 2nd snowiest November on record!  It's pretty hard to get excited about looking for land when it's all covered with snow.
Land prices have come down just a bit, but there have been less price reductions in this area of the real estate market than you would think.
Below is a pie chart of the lots and land real estate market current activity.  You won't find any sold's in this graph, since there have been no closings in the last 30 days. 
… (1 comments)

 
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Wanda Thomas, Billings Montana Real Estate

Billings, MT

More about me…

Montana Homestead Brokers, Broker, CRS, GRI, SFR, RN

Address: Billings, Laurel, Shepherd, Huntley, Worden, Joliet, Park City, Fromberg, Columbus, Red Lodge, Bridger, Billings, MT, 59105

Office Phone: (406) 698-8640

Cell Phone: (406) 698-8640

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This is where I write updates and information about Montana Living. Sometimes you'll see Real Estate stuff (my business) and sometimes you'll see Montana Local Events, Montanaisms and what I see and do when I travel around our state. You will definitely see stuff about huckleberry picking, a family tradition, and quilting, my personal passion.


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