bozeman montana home prices: US Home Prices Reach All-Time High, Inventory Low - 08/13/15 04:24 AM
Home Prices in the United States have reached an all time high according to the National Association of Realtors. The median sale price in June for all real estate housing types reached $236,400, up 6.5% from June 2014. Not only that, that figure hit above the 2006 record of $230,400 and is an all time high.
Limited inventory and high demand have been leading to the higher prices. Home sales increased by 3.2% in June to the highest level of sale activity seen since February 2007. Steady job growth and an improving economy have been pegged as the leading cause for the … (1 comments)

bozeman montana home prices: Buying Cheaper than Renting Across Most of United States - 04/14/15 05:30 AM
A new study released by RealtyTrac suggests that in most places across the United States, renters are better off buying a home than paying to rent a home. In fact, in 76% of US counties, buying has become more affordable than renting a home.
Currently, the average price of rent on a 3-bedroom property takes 28% of the average homebuyer’s median income. Rental prices have been rising of late due to the high demand across the nation.
With current low mortgage rates, a monthly payment on a median priced home—inclusive of a 10% down payment, property taxes, home insurance, and mortgage insurance—only took … (0 comments)