sellers: Missoula's 1st half sales volume in 2014
- 07/17/14 08:04 AM
It's just beyond halftime in Missoula's real estate market. I wanted to get a quick summary together to take a look at the first 6 months of real estate data in our area so we can look at how things have fared in Missoula, and where it's headed.
Overall the first half has seen a slower pace of sales than the year before. So should we panic? No, I don't think so. The first six months of 2014 had 449 total residential sales, down 76 total sales compared to the 1st half of 2013 which had 525 sales. That's a … (18 comments)
sellers: Get Regular Check-ups
- 10/30/13 04:22 AM
Get Regular Check-ups Following his heart surgerya few months back, after an issue was discovered during his annual physical, President George W. Bush encouraged everyone to get regular check-ups. Another important checkup that should be done on a regular basis and can be just as beneficial for your finances is an annual homeowner advisory. Why would you treat your investment in your home with less care than you treat your car or even your HVAC system? Consider investigating the following: • Know the value of your home by obtaining a list of comparable sales in your immediate area as well as … (0 comments)
sellers: Low Inventories Show a Trend
- 08/16/13 01:39 AM
Low inventory is a relative term depending on how you're comparing it. Would the comparison be to total number of homes on the market last year, homes in a certain price range or homes in a certain area? In some situations, it's a combination of all of those things. In any given market, inventories will fluctuate based on area and price range. The National Association of REALTORS® considers a balanced market to be six months' supply of homes. If it takes longer than six months to sell, it is thought to be a buyer's market and less than six months, a … (1 comments)
sellers: Get Regular Check Ups
- 08/12/13 02:47 AM
Get Regular Check-ups - 8/12/2013 Following his heart surgery last week, after an issue was discovered during his annual physical, President George W. Bush encouraged everyone to get regular check-ups. Another important checkup that should be done on a regular basis and can be just as beneficial for your finances is an annual homeowner advisory. Why would you treat your investment in your home with less care than you treat your car or even your HVAC system? Consider investigating the following: • Know the value of your home by obtaining a list of comparable sales in your immediate area as well as what … (0 comments)
sellers: What's it Worth?
- 06/07/13 02:20 AM
What's It Worth? - 6/3/2013 How much is a one carat diamond worth? Anyone who has shopped for one knows that the price could have a significantly wide range of value. It's been said that purchasers should consider the color, cut, clarity and carat size to compare stones but when it gets down to decision time, buyers still want to know “how much is it worth?” Real estate valuation can be equally as confusing to the public. There are three commonly used tools that today’s home buyers rely on to make decisions but they vary significantly in the methods used to make the determination … (0 comments)
sellers: Thoughts after an over-priced home tour
- 06/05/09 06:51 AM
Yesterday there was a 12 home Realtor lunch tour on the south side of Missoula. All of the houses were larger/newer homes in newer subdivisions, priced between $350,000 - $600,000. For those of you unfamiliar with our market, that's probably what you'd consider the "top end" right now, there's higher priced stuff, but these are mostly large homes with 4+ bedrooms, newer, big lots as high as 2 acres, etc. After completing the tour it was sobering what is going on in our "top end" market, the general disconnect between agents and sellers, and how people still don't realize the changing … (6 comments)
It's just beyond halftime in Missoula's real estate market. I wanted to get a quick summary together to take a look at the first 6 months of real estate data in our area so we can look at how things have fared in Missoula, and where it's headed.
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