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:
#12 Great Falls
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 protect their housing markets from major deflationary cycles experienced in the majority of the country."
How does your city rank? Check it out at Housing Predictor.