Montana Realtor Blog, Real Estate Market Information Billings, Montana, Yellowstone county

The national association of realtors has acknowledged that they have actually overstated home sales. They have also stated they are in the process of revising their methodology in coming up with their figures and will restate their “estimates” in the “near” future. To give you an idea of how thei...

The market positives inventory down and number of sales  is closing the gap on 2010, prices are down about 3% year over year same time period.My belief is 2011 will go down as the low point in the market place this cycle and by the end of the 1st quarter we should be seeing year overyear increase...

THOUGHT IT MIGHT BE NOTE WORTHY TO LOOK AT HOME SALES, EMPLOYMENT, INTEREST RATE AND POPULATION GROWTH TO SEE IF LENDING REQUIREMENTS ARE HAVING MORE OF AN EFFECT ON THE MARKET THAN THE OTHER THREE VARIABLES THAT AFFECT HOME SALES. THE TREND BEGINS IN 2007.   TO START OFF WITH A LOOK AT PRICING O...

ONLY ONE OTHER TIME IN THE PAST THIRTY YEARS HAVE I SEEN WHERE IT IS CHEAPER TO OWN THAN RENT IN YELLOWSTONE COUNTY. THAT TIME THE LATE 1980'S, CAUSED BY THE RECESSION AND FORECLOSURES OF THAT PERIOD OF TIME. YELLOWSTONE COUNTY WAS LIKE LAS VEGAS IS NOW WITH OVER 600 FHA REPOS AND 100 VA REPOS AD...

When I look at the numbers they don’t paint a pretty picture starts and permits that include multifamily up 0.2 and 0.6% for the year in actual activity . when looking at the seasonally adjusted numbers  every category 53 to 60% off the fifty year average . not what I would call any kind of recov...

713 Agate Avenue An Outstanding Home! PROPERTY DETAILS $213,900 LISTING INFORMATION Bedrooms: 4Full Baths: 3Partial Baths: 0Sq ft: 2584Lot Size: 11,200 Sq. Ft.Style: RanchGarage: 3 Car+Heat Source: GasTaxes: $2046.00 PROPERTY DESCRIPTION This is the home your family has been searching for! Large...

Market update at glance     Year  Percentage Increase      Yellowstone County   10/31/2011   2010 2011 or -Decrease                 Residential  Closed Sales Units   1460 1412   -3%                 Residential  Pending Sales Units   205 227   11%                 Residential  Active Property For ...

1126 Miles Avenue Pretty As A Picture PROPERTY DETAILS $119,900 LISTING INFORMATION Bedrooms: 2Full Baths: 1Partial Baths: 0Sq ft: 1060Lot Size: 7,000 sq. ft.Style: CottageHeat Source: GasTaxes: $1153.00 PROPERTY DESCRIPTION A quiet blending of lovely colors & hardwood floors lends to a feeling ...

834 Terry Avenue Affordable Living! PROPERTY DETAILS $144,900 LISTING INFORMATION Bedrooms: 4Full Baths: 1Partial Baths: 0Sq ft: 1964Lot Size: 7,000 sq. ft.Style: RanchGarage: 2 CarHeat Source: GasTaxes: $1562.00 PROPERTY DESCRIPTION Your family will love the space this home has to offer. Welcom...

309 South 34th Street Match This Value! PROPERTY DETAILS $123,000 LISTING INFORMATION Bedrooms: 2Full Baths: 1Partial Baths: 0Sq ft: 1054Lot Size: 7,000 sq. ft.Style: CottageGarage: 1 CarHeat Source: GasTaxes: $1138.00 PROPERTY DESCRIPTION This home's fresh paint & newer floor coverings, light f...