predictions: Missoula Montana Real Estate Market Trends Report - March 2009 - 04/06/09 07:45 AM
Missoula Montana Real Estate Market Trends Report - March 2009
In Missoula MT, we saw a spike in home sales in February comparable to last year. We are still seeing a good number of sales in March but the numbers are down from 2008.
A bright spot is that the median home prices are showing an increase from last year at the same time. The days on market are up in the Missoula Urban Area but not alarmingly high and are the same for the County overall.
March's weather was unpredictable and chilly. We had an average temperature of 33 degress … (1 comments)

predictions: A Breath of Fresh Air - A Positive Outlook for Montana's Economy - 02/04/09 03:29 AM
With the onslaught of national news stories about the poor state of the economy, job losses, and the housing market, it is easy to lose sight of what's going on locally. Larry Swanson, a well-known Montana economist and the Director for the Center for the Rocky Mountain West was quoted in the Billings Gazette recently as saying:
"The steady drumbeat of bad news produces a psychology of consumers hunkering down, we need to stay grounded in the fact that we had a lot going when we came into this," Swanson said. "The magnitude of impact in Montana will be lower. We've been … (8 comments)

predictions: Missoula Predicted to Be in the Top 25 for Housing Real Estate Markets in 2009! - 01/27/09 02:45 PM
I have remained optimistic about the Missoula real estate market for 2009, and have found that others are optimistic too!
In a recent release by Housing Predictor, a national online real estate research firm, 5 Montana cities ranked in the top 25 Housing Markets for 2009:
#2 Billings
#8 Bozeman
#12 Great Falls
#13 Livingston
#15 Missoula
According to Housing Predictor, in regards to Montana and North Dakota:
"They've dodged the bullet in the nation's housing depression in North Dakota and Montana. During the boom mortgage companies didn't offer creative new loan programs in either state much, which has acted to … (3 comments)