Since it is the end of the year and the "stock" gurus are touting the "huge" run up in stock prices thought you might like to see the comparison in Billings the past five years vs. the stock indexes
First the dow
Second the S&P 500
Third the NASDQ
Fourth but not least home prices in Billings Both the Median and Average sales prices show a 9.3% increase since 2006. Now just like stocks you can find houses that have done worse and house that have done better. Yet with a house you have had a place to live and paid off Debt($191,850 100% financing @6.14% 30 years you now owe $181,540) and had an interest deduction on your taxes. So the question with all the negativity about housing would you be better today if you had put you money in the stock market or bought a house in Billings in 2006.
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