howard sumner realtor: absorption of inventory - how long? - 06/20/16 03:00 AM
Time it will take for Inventory to be “sold” or absorbed in the market
One question I get asked is how the market is doing. There are many ways to answer the question, yet I believe one the best is looking at absorption of the inventory by the market and the relation of pending sales to the active inventory.
So first let’s look inventory and the rate at current levels of sales how long the market will take to absorb or “buy the inventory”.
As of this morning June 20th 2016 there are 550 “homes” on the market (the first column). I … (1 comments)

howard sumner realtor: 516 lewis Billings mt - 04/29/16 02:57 AM
super clean , great central location, redone hard wood floors, new appliances in the kitchen, bath redone
no work required to move into this one
 
 
http://www.propertypanorama.com/instaview-elite/bmt/262098
(1 comments)

howard sumner realtor: market update at glance august 2015 - 09/14/15 08:46 AM
August 31ST 2015
 “END OF SUMMER BEGINNING OF SCHOOL”
What has the summer taught about the market?  
Just really going to let the numbers and charts speak for themselves this month. if you have any question please call or email
 







 
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howard sumner realtor: Renting versus Buying, Myths and Anomalies - 09/06/14 12:11 AM
In the world today with the perspective of the past five years and the “housing collapse” many have written that owning a home is less desirable the Renting. As in all things about housing, “national” trends may not be as applicable to any individual Market. We that live in Yellowstone are fortunate to have a stable and growing economy where most every segment has experienced some growth over since 2009.  A few “facts” about Yellowstone County in July of 2014 the employment report indicates 82,419 persons employed in 2009 shows 77,985, an increase of 4,434. In July of 2019 the Freddie … (0 comments)

howard sumner realtor: Market update at a glance October 2012 - 11/07/12 12:38 AM
Market up date at Glance through October 2012
Solid gains in price movement, closed sales, pending sales and reduction in inventory. So as I look at the numbers below the question comes to mind has the mix of sales affected the sales price and if so why. The short answer is yes it becomes most self-evident if you look at the size of selling this year 1st going back to 2008 houses sold are  7.89% bigger yet you are only paying  4.79% more in grossing selling price . If you look at payment with interest rate in 2008 the average sales … (0 comments)

 
Howard Sumner, Your Real Estate Source, Your Results Solution!! (Howard Sumner Consulting)

Howard Sumner

Your Real Estate Source, Your Results Solution!!

Billings, MT

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Howard Sumner Consulting

Address: 404 north 31st street, suite 130, billings, mt, 59101

Mobile: (406) 698-3051

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