montana real estate howard sumner realtor homes for sale new construction billings mt home prices: New Home Sales Nationally
- 06/06/16 01:36 AM
Was just looking at the median price of new homes in the united states, in April of 2006 the median price was $257,000 Freddie mac commitment for a 30 year loan was 6.51% making a 100% financed home with 26% for taxes and insurance cost of $2048.89 per month. Move forward to 2016 April the median price was $321,100 Freddie mac commitment for a 30 year loan was 3.60% making a 100% financed home with 26% for taxes and insurance cost of $1839.41 per month or an ownership cost 10.22% below 2006. Through the end of April 2006 in the united states … (2 comments)
montana real estate howard sumner realtor homes for sale new construction billings mt home prices: HOUSING STRONG OR WEAK OR RELATIVE, yellowstone county montana
- 09/22/13 11:19 PM
HOUSING STRONG OR WEAK OR RELATIVE, A HARD LOOK AT HOUSING IN YELLOWSTONE COUNTY SOMETIMES WE FORGET THE PAST TO MAKE OURSELVES FEEL BETTER ABOUT THE PRESENT HOW MANY DIFFERENT MEASUREMENTS CAN YOU LOOK AT TO DETERMINE THE ANSWER TO THE QUESTION? FIRST YOU MIGHT LOOK AT INTEREST RATE PLOTTED AGAINST THE NUMBER OF SALES. ONE WOULD THINK AS THE COST TO OWN BECAME CHEAPER MORE BUYERS WOULD COME INTO THE MARKET PLACE. BUT DO THEY? INTEREST RATES SINCE 2000 DOWN 54.53% SALES UP SINCE 2000 2.26% THOSE NUMBERS I BELIEVE DO NOT MATCH
Was just looking at the median price of new homes in the united states, in April of 2006 the median price was $257,000 Freddie mac commitment for a 30 year loan was 6.51% making a 100% financed home with 26% for taxes and insurance cost of $2048.89 per month. 
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