foreclosed: Western Montana's Bitterroot Valley is Hit Hard By Foreclosures - 11/01/09 07:05 AM
Western Montana's Bitterroot Valley is Hit Hard By Foreclosures
According to a recent article in The Ravalli Republic, property foreclosures in the Bitterroot Valley have skyrocketed over the past year.
The county recorded 339 trustee sales notices between October 2008 and October 2009 - an 83% increase from the previous year and a shocking 260% increase from the year before that.
The article goes on to state that the total number of trustee sales won't be known until next spring but it is estimated to be exceed 400.
The report is consistent with reports of declining sales in rural housing markets … (6 comments)

foreclosed: Foreclosures in Missoula Montana - An Update on The Market - 07/26/09 09:58 PM
Foreclosures in Missoula Montana - An Update on The Market
We were recently interviewed on the local NBC affiliate, KECI regarding the increase in foreclosures in Missoula County after data was released showing an increase in foreclosures in Montana.
The County Clerk's office reports that the number of foreclosure notices since January 1, 2009 are 325, compared with the same time last year, at 143. While Missoula has seen an increase in foreclosure activity, the counties that were hardest hit are Flathead, Ravalli, and Mineral Counties.
We have also seen a slight decrease in the number of home sales and average sales price … (1 comments)