home sales: Rural Montana Living, What's Happening in this market? - 02/21/11 03:20 AM
I've taken a look at the 2 acres or more small acreage residential activity for within a 75 mile radius of Billings Montana.  Winter is typically a difficult period for this market and the numbers for the last 90 days demonstrate this as well.
The best 90 day moving average is in the under $150,000 price range with an average of 13% of the homes on the market closing each month.
Over $350,000 only 2 homes have closed in the last 90 days out of a total of 79 listings.  I expect these homes to pick up in sales as the … (1 comments)

home sales: Snapshot of Home Sales for one 30 day period over the last 5 years in Billings Montana - 04/18/10 09:52 AM
Last spring home sale closings in Billings Montana were about down about 40 homes from the previous 3 years for the period of April 15 to May 15.  I just wanted to take a look at the last 5 years volume for one 30 day period.  This is data sampling just to help folks get a feel for what's happened in the recent past.
We have an uptick in volume of "under contract" homes right now.  Some would attribute this to both the first time home buyer's tax credit and the tax credit of $6,500 for those who have a 5 … (0 comments)

home sales: Hiccup In Billings Montana? - 07/07/09 03:35 PM
Today I got the usual question about our local Real Estate Market from a group of medical people (friends) and I had some hard truth to tell!  Our 2nd quarter of 2009 is not performing as well as I'd hoped!
I'll try to give you a few numbers, just so you can chew on them for awhile.
The volume of dollars in residential sales in areas 1 - 10 for the 2nd quarter of 2007 was $136,484,281.
The volume of dollars in residential sales in areas 1 - 10 for the 2nd quarter of 2009 was $96,306,411.
The average price of … (1 comments)

home sales: Worden Montana Market News - 04/26/09 01:05 PM
Worden is a small town east of Billings Montana with a great homesteader history.  Located on the "Project", Worden began it's wonderfull Real Estate adventure with the development of an irrigation project with water from the Yellowstone River.
Homes in this area vary from residential lots right in the town of Worden, to small and large acreages dotted amoungst the farms and ranch land surrounding the town.
Right now, the area of Worden has 6 active listings to choose from.  Several which are very affordable and located right in town.  A few small acreage country homes are also available.  The average … (0 comments)

home sales: If It Smells, It Won't Sell - 02/01/09 08:45 AM
Oh That Nose!  We all have one, and most of them work really well.
Have you ever noticed that some folks with animals have no clue that their home smells bad?  I think it's just an adjustment we make when we live with animals and other odorous things in our homes.
I can remember that when I was young and smoked (I've been over this for 25 years) I never noticed that I smelled smokey.  Now when I walk into a home where people smoke, I can't think of anything else besides the smell.  Ask if there is a smell in … (12 comments)

home sales: I value a pre listing home inspection, here's why - 02/01/09 07:31 AM
One of the biggest, most gut wrenching parts of a home sale experience has got to be the inspection contingency.  Most home buyers want to and should hire their own home inspection, but sellers should have one before they list the home as well, and here's why:
You reduce the stress of loosing a really good buyer who was in love with your home until something caught them off-gaurd on the home inspection, and they changed their minds.  This hurts you 10 fold when you put your home back on the market as "the deal that fell through due to a … (6 comments)

home sales: How do you handle closing and occupancy in your town? - 01/30/09 09:50 AM
When you have a pancake deal, two homes and three parties involved, how do you handle occupancy?
I always try to get everyone on the same page and plan a weekend type move with the first part of this domino moving out first by closing day.  I always get a headache moving the one in the middle.  The party bringing the money that starts this whole deal usually wants in right after they sign the papers.  I have heard that it is customary to give the seller extra days to move out after signing at closing in order to move in … (9 comments)

home sales: Billings Heights, West of Main Street Market News - 01/28/09 01:10 PM
Let's get local!
Sometimes the National News just makes you wonder.  What should I believe?  Are homes still selling?  What about my neighborhood?
Here are a few facts that may help you.
In the last 90 days, 11 homes in Area 1 have sold in less than 30 days.
That's good.  These homes were priced to sell and the buyers thought so too.
A few of those that sold are listed along with the percentage of listed price compared to sold price:
4 Prince of Wales   95% 4 Prince Albert    100% 25 Heather Drive    99% 1421 Lake Elmo Drive  100% 1407 … (0 comments)

 
Wanda Thomas, Billings Montana Real Estate (Montana Homestead Brokers, Broker, CRS, GRI, SFR, RN)

Wanda Thomas

Billings Montana Real Estate

Billings, MT

More about me…

Montana Homestead Brokers, Broker, CRS, GRI, SFR, RN

Address: Billings, Laurel, Shepherd, Huntley, Worden, Joliet, Park City, Fromberg, Columbus, Red Lodge, Bridger, Billings, MT, 59105

Office: (406) 698-8640

Mobile: (406) 698-8640

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This is where I write updates and information about Montana Living. Sometimes you'll see Real Estate stuff (my business) and sometimes you'll see Montana Local Events, Montanaisms and what I see and do when I travel around our state. You will definitely see stuff about huckleberry picking, a family tradition, and quilting, my personal passion.


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