real estate market: Shepherd, Worden, Huntley, Pompey's Pillar Real Estate Market News - 04/01/12 03:56 AM
Since the Real Estate Market is often a matter of opinion in conversation, sometimes it's just a good idea to get a handle on the real picture.  Below you'll find an Inventory Supply Chart.  What the heck does that mean?  Let's review.
The number of homes that sell, in a specific time period, compared to the number of homes available for sale, in that same time period, can help us understand the pace or speed of sales.  When you look at the green bars below, the number on top of them reflects the time it would take to sell all of … (0 comments)

real estate market: It's Pretty Slow Going for land sales in the Shepherd, Huntley, Worden, Ballentine and Pompey's Pillar Montana area - 12/02/10 08:43 AM
Montana lots and land sales are a hard sell this time of the year, especially since we've had the 2nd snowiest November on record!  It's pretty hard to get excited about looking for land when it's all covered with snow.
Land prices have come down just a bit, but there have been less price reductions in this area of the real estate market than you would think.
Below is a pie chart of the lots and land real estate market current activity.  You won't find any sold's in this graph, since there have been no closings in the last 30 days. 
(1 comments)

real estate market: How's the Market? My answer-What do you think? - 09/11/10 08:00 AM
I'm really glad people relate to me as a Real Estate Person, at least I've been successful in getting that message out.  The message that's getting a little harder to communicate is the answer to the most frequent question I get asked-How's the Market?
I'm always wondering - why do you ask?  Especially before I blurt out an answer:
You want a local Real Estate Market opinion? You're hoping I'll give you a different answer than what you think the market is like? You want to know if I'm making any money? You want to know if you can sell your … (40 comments)

real estate market: Northwest Billings Montana Residential Real Estate Market Activity July 14, 2010 - 07/14/10 03:00 PM
The Northwest residential real estate market in Billings Montana is one of the largest geographically with some of the most activity.  Just a look at the number of homes that are currently unsold in Area 7 compared to the number that have an accepted contract, the activity index is about 18.5%.
This area is part of The West End of Billings Montana and it's located North of Grand Avenue, sheltered by the striking rock formations of the Rimrocks.  25 years ago, a great deal of this area was underdeveloped, Shiloh road was a tiny 2 lane backroad.  Now Shiloh road is … (1 comments)

real estate market: Billings Montana Real Estate Market Activity Index, Area 2, July 7th, 2010 - 07/07/10 02:07 PM
The Billings Heights includes the areas of properties East of Main Street clear out to the Shepherd/Huntley Bridge!  I find this a bit confusing since the Pioneer School District is included in Area 2 Billings Heights.  One thing to keep in mind is that the zip code for this are out Highway 312 is 59105 for the area South and East of the Highway, as well as a few sections to the North of Highway 312.
Property searches for the Pioneer School District, which is an Elementary School, should include Area 2.  The Pioneer School District uses the Shepherd School System … (0 comments)

real estate market: In Search Of A Dream, A Bit of A Rant Actually - 09/15/09 09:14 AM
Toxic Assets Still On The Bank Books? 
Toxic "invest in Real Estate" scam programs continue to be peddled by gypsy sales seminars! 
Who's buying this crap? 
There must be buyers, lots of them, otherwise this stuff wouldn't be for sale.  When I get calls from folks who have recently, I said recently, attended one of these "how to invest in Real Estate" sales seminars, I just have to shake my head.  It's not that I don't want to help them, but come on, you can't get a property for 50cents on the dollar here!  Even a short sale has … (4 comments)

real estate market: 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)

real estate market: Market Action In Shepherd, Worden, and Huntley early May 2009 - 05/15/09 07:49 AM
Hooray we have some good movement in the "East of Billings" market.  Seems as though this spring like weather has sparked some interest in moving. 
Today I ran the numbers for area 10 and found that we have 14 properties under contract right now!  Here are the average numbers of interest:
$171,107--Average price of a home under contract right now 3 bedrooms and 2 baths--Average $89.72--Average price per square foot 1,936--Average square foot size of the home 67--Average number of days on the market 30% of listings are under contract right now (that's good news) I think the east end … (2 comments)

real estate market: Housing Market Update for Shepherd Montana - 04/23/09 03:16 PM
Is this a good time to buy in the Shepherd area?
You can't beat the rural appeal of Shepherd in the springtime.  Shepherd is a rural bedroom community just northeast of the largest metro area in Montana. 
The Real Estate Market for Shepherd is blooming a bit this spring with 6 homes which have closed in the last 60 days and 5 more under contract right now out of a total of 31 homes on the market.
Prices in this area vary, here are some recent market numbers:
The average price for a home active on the market:  $270,000
The average … (1 comments)

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

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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