homes: Missoula Real Estate Market Stats for December 2009, 59808 - 01/18/10 03:15 PM
Missoula Real Estate Market Stats for December 2009 for Zip Code 59808
Missoula’s 59808 zip code continues to struggle.  While it has, by far, the most sales of all areas of Missoula, its numbers for 2009 were significantly below those of 2008.  2009 finished almost 5% below last year in the number of homes sold, well over 12% below last year in total value of homes sold and more than 8% below last year in average sales price.
At the end of December 2009, there were 182 homes for sale in Missoula’s 59808 zip code with an average list price of … (0 comments)

homes: Missoula Real Estate Market Stats for December 2009 for Zip Code 59804 - 01/18/10 03:12 PM
Missoula Real Estate Market Stats for December 2009 for Zip Code 59804
Missoula’s 59804 zip code was one of the top three best performing areas in Missoula so far as the number of homes sold, the total value of those homes and the average sales price of homes.  So it can be argued that 59804 was Missoula Montana’s best performing zip code.  One of 3 zip code which actually outperformed 2008 in many aspects.
At the end of December 2009, there were 61 homes for sale in Missoula’s 59804 zip code with an average list price of just over $548,000, this … (0 comments)

homes: Missoula Real Estate Market Stats for December 2009 for Zip Code 59803 - 01/18/10 03:10 PM
Missoula Real Estate Market Stats for December 2009 for Zip Code 59803
Missoula’s 59803 zip code was by far, the best performing zip code in Missoula, with both the total number of homes sold and the total combined value of those homes in 2009 exceeding the numbers for 2008.  2009 saw 168 homes sold as opposed to 148 homes sold in 2008.
At the end of December 2009, there were 99 homes for sale in Missoula’s 59803 zip code with an average list price of just over $397,000. Homes for sale in Missoula

 
View Real Estate Market Reports for … (0 comments)

homes: Missoula Real Estate Market Stats for December 2009 for Zip Code 59802 - 01/18/10 03:07 PM
Missoula Real Estate Market Stats for December 2009 for Zip Code 59802
Missoula’s 59802 zip code has been one of the best performing areas in Missoula so far as the number of homes sold. With the exception of only a minor slide in May and June of 2009, this area stayed strong and showed sales numbers very close to last year, in fact 2009 met or exceeded 2008 in six of twelve months in sales volume. Believe it or not, 2009 ended with 2 mores homes sold than in 2008!!
At the end of December 2009, there were 152 homes for … (0 comments)

homes: Missoula Real Estate Market Stats for December 2009 for Zip Code 59801 - 01/18/10 03:05 PM
Missoula Real Estate Market Stats for December 2009 for Zip Code 59801
For three months in a row now, Missoula’s 59801 zip code has either met or exceeded 2008 number of homes sold.  After a rough start this year, 59801 came back pretty strong at the end and finished up about 10.25% under 2008 in number of homes sold and considerably worse, about 15.26% under 2008 in total value of homes sold for the year.
At the end of December 2009, there were 184 homes for sale in Missoula’s 59801 zip code with an average list price of just over $260,000.  … (2 comments)

homes: Move-up Buyers & First Time Home Buyer Tax Credit Questions & Answers for Missoula Homebuyers - 11/10/09 02:48 AM
Here's a Great Summary of the First Time Home Buyer & Repeat Buyer Tax Credit for Missoula and Western Montana home buyers.

First Time Home Buyer & Repeat Buyer Tax Credit QUESTIONS & ANSWERS Explained  
All new first time home buyer and repeat buyer Tax Credit are effective immediately. It does not have to occur on December 1 2009 in order to qualify. All closings occurred on November 6 2009 qualifies for the new & improved first time home buyer and repeat buyer tax credit.
First Time Home Buyers
The $8,000 first time home buyer tax credit applies to … (3 comments)

homes: 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)

homes: The Montana Lifestyle You've Been Dreaming About Is At RiverRidge - 10/16/09 05:16 PM
The Montana Lifestyle You've Been Dreaming About Is At RiverRidge
Nestled above the Clark Fork River you will find a peaceful sanctuary, unique in its charm and beauty, RiverRidge. RiverRidge is more than a place to live, it's a lifestyle. Gorgeous, panoramic views of the Clark Fork River and the Superior Valley await you.
Relax, unwind and watch the eagles soar and the Rainbow Trout rise for the evening hatch. Truly a Superior lifestyle!
Close to schools, horse-back riding, fishing, skiing, hiking, USFS, community hospital & only 45 min. to Missoula!
RiverRidge residents enjoy many amenities, including:
Private Trout Ponds and Water Features … (5 comments)

homes: Western Montana & Missoula First Time Homebuyers - Don't Just Check On The Rate! - 09/30/09 01:26 AM
This is great information for all home buyers in Missoula and Western Montana - it's about more than just the rate.


There are tons of first time homebuyers out there negotiating the best deal on their new home, and now it's time to get a mortgage.
Most of them only know how to ask one question:  What's the Rate?
We've been in the mortgage business for over 20 years - and the only thing most people know to ask is - "What's the Rate?" 
While that's a great question, it's kinda' like going into a shoe store and asking … (2 comments)

homes: Missoula Home Buyers - OMG Watch Out for Lurking APR Predators - 09/22/09 02:51 AM
This is a great explanation of Annual Percentage Rate from Bill Ladewig for Missoula or Western Montana Home Buyers.

APR Predators and APR Demystified
First, lets demystify Annual Percentage Rate (APR).

APR was designed to allow consumers to use one standardized number to compare the real cost of each lender's interest rate and it works like this.
If I lend you, $10,000  and, I charge a $500 Bump-ta-Bump Fee, you will actually receive $9,500, however you must still repay me $10,000.  APR is my real yield and your real cost on this loan.
We agreed that you will repay the loan at 8% interest on $10,000, HOWEVER you only received $9,500 therefore … (1 comments)

homes: Thinking About Buying a Home in Missoula? Compare FHA Loans to Conventionals Loans - 09/20/09 05:21 AM
This is a great article about FHA Loans versus Convenetional Loans. If you are considering buying a home in Missoula or Western Montana, this will help you weigh your loan options.

 

 
FHA loans seem to be one of the main choice of mortgages in the last 12 months or so. There are many reasons for this. And FHA loans will definitely be the main choice for anyone buying a condo now. More on that later.. What I hate hearing is that FHA mortgages have taken the spot of the subprime loans. This is not true by any … (3 comments)

homes: Missoula Montana - Forbes Magazine Ranks Missoula as One of North America's Top 10 Trout Towns! - 08/27/09 07:24 AM
Forbes Magazine Ranks Missoula as One of North America's Top 10 Trout Towns!
Forbes just released its list of the Top 10 Trout Towns in North America - Missoula, Montana is on that list.
According to government statistics, some 11 million anglers in the U.S. and Canada search for that moment of beauty every year - fly fishing. President Obama joined the ranks recently when he fished for trout in Montana.
Forbes Magazine states:
Missoula is a laid-back college town with a serious trout-fishing addiction. Anglers can fish the bouldery Blackfoot (A River Runs Through It author Norman Maclean's home river) … (3 comments)

homes: Homes for Sale in The Pattee Canyon / Farviews Area - Missoula Montana Real Estate - 07/22/09 07:34 PM
Homes for Sale in The Pattee Canyon / Farviews Area of Missoula MT receive a lot of attention in the Missoula Real Estate market. This area is desirable due to it's conveniant location to the University of Montana, Downtown Missoula, and because it's minutes from the Pattee Canyon Recreational Area.
Set in a wooded canyon near Missoula at 4,100 feet, the trails of the Pattee Canyon Recreation Area are a local favorite for hiking, mountain biking, cross country skiing, and picnics. 
The Pattee Canyon Recreational Area is an amazing place in the winter with miles of groomed cross-country ski trails that are maintained by the Missoula Nordic … (2 comments)

homes: Missoula Montana Homes for Sale in Target Range / Orchard Homes Area Real Estate - 07/16/09 06:37 AM

Homes in the the Target Range / Orchard Homes
 Neighborhood are very popular due to the larger lot sizes, the country feel to the neighborhood and the great location!

Target Range / Orchard Homes properties have that small-town-feel but are only minutes away from North Reserve Street businesses, downtown Missoula culture, and area events.
One of my favorite places in the Target Range area is the Equestrian Park. It's a great place to walk and has some of the best views of the Mountains around Missoula. Having been a former Target Range resident, we spent many hours on … (0 comments)

homes: Missoula Montana Homes For Sale - Miller Creek / Linda Vista Area Real Estate - 07/14/09 11:42 AM
Missoula Montana Homes For Sale - Miller Creek / Linda Vista Area Real Estate
The Miller Creek / Linda Vista area of Missoula is in the southwestern corner of town and is a popular area for homebuyers due to the area schools, number of parks and open space, and the proximity to Brooks Street for easy access to local businesses.
The Miller Creek / Linda Vista Neighborhood is bounded on the east by Miller Creek Rd., bounded on the north and the west by the Bitterroot River and U.S. Hwy. 93.
From July 1, 2008 - July 1, 2009, there were 53 Sales with … (0 comments)

homes: Affordable Homes For Sale Under $100,000 in Missoula Montana - 04/03/09 04:42 AM
Homes For Sale Under $100,000 in Missoula Montana
Are you looking for an affordable home in Missoula, Montana? There are currently several condos and a few manufactured homes available in the Missoula area for under $100,000!
View Missoula Homes / Condos for Sale Under $100,000
And if you expand your search outside of Missoula, to the surrounding areas, there are A LOT of homes available under $100,000 - including several Single Family Homes.
Search Missoula & Surrounding Areas for Homes / Condos Under $100,000
And, if the price didn't make these homes affordable enough, consider:
If you're a First Time Homebuyer, you may even … (2 comments)

homes: Missoula Montana Real Estate Market Update February 2009 - 03/31/09 02:29 PM
The Missoula Real Estate market enjoyed a burst of activity in late February and early March with a flurry of buyers and many new homes going under contract.
Missoula has also been fortunate that our housing prices have held their value better than many areas of the country. In February, the Median Home Price actually increased significantly from 2008 and the number of sales in the Missoula Urban Area was almost the same.
Residential Market Activity in the Missoula Urban Area (residential, AND residential with acreage)
Missoula Urban Area - Month of February 
Sales represent properties that have transferred and the transaction has … (0 comments)

homes: Profile of Today's Real Estate Buyer - 03/31/09 11:49 AM
The National Association of Realtors(R) published the results to their consumer survey in November.
The results to this survey are helpful when you are marketing a home for sale - who is your target customer for that property and how do you reach them?
I was surprised by a few statistics, including how many buyers are first-time homebuyers but most of the information was on target with what I see in our marketplace. I was also pleased to see that 81% of buyers use a Realtor(R).
Real Estate Buyers
41% are First-Time Homebuyers 81% use a Realtor, Of buyers who used … (3 comments)

homes: Looking for a River Front Property in Western Montana? Visit RiverfrontMontana.com - 03/23/09 05:39 PM

Are you looking for a River Front Property in Western Montana?  If so, you'll want to visit www.RiverfrontMontana.com.
At Riverfront Montana, you will find information about the rivers in Western Montana near Missoula, including the:
Bitterroot River Blackfoot River Clark Fork River Flathead River and the Saint Regis River You will find information on river front homes, land, and real estate that is for sale or for rent and can search area listings on the MLS. There is information on local fishing regulations, river location, state resources, boating regulations, streamflow updates.
There is also information about Riverfront Vacation Rentals.
This site … (0 comments)

homes: Missoula Real Estate - Rosy Compared to the Rest of the Country - 03/08/09 07:49 AM
Last week, the Missoula Organization of Realtor's (MOR) released their 2009 Missoula Housing Report, and the results are, well not so bad, especially when compared to the rest of the country.
According to a story that aired on Missoula's KPAX,
"There is no doubt that Missoula is experiencing a slowdown in the housing market as from 2006 to 2008 there has been a 40% decrease in total home sales. Meanwhile, foreclosure rates reached all time highs in 2007 and they increased in 2008, but still numbers remain too low according to experts.
But, experts say that when compared to the rest … (1 comments)