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Flathead Valley Weekly Update: February 10, 2012

By
Real Estate Agent with Blue Sky Realty, LLC 10814

As I write this blog, it is snowing big flakes outside my window. Our snow pack is about 52% of normal and the ski hill has half as much snow as a year ago - of course that was a record year. Snow is in the forecast for the next week so skiers rejoice!

There are a number of investors in the market looking at multi-family and commercial real estate. I had a commercial listing just close and showings on the duplex units I have listed. Job ads at Job Service and in the local paper are definitely on the rise. Good news that we have been waiting for. I remember back in '07 the economic forecast for the valley was that 2012 would be the beginning of an up turn in the market. Seemed like a long time to wait but maybe we are there.Since then our MLS has lost about 1/2 of the licensed Realtors. Those of us who have been able to hang in there during the challenging last few years are set to benefit from less competition.

Whitefish Winter Carnival is in full swing. The parade was last Saturday with many events set to come.

Kalispell City Council voted to remove the transportation tax that was added onto the cost of new construction. Any reduction in costs will benefit home buyers of new construction.

 

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