Many sellers in Montana live out of state and therefore don't get the local chat about the specifics of the Flathead Valley economy and hence real estate. So its helpful when the news media actually interviews a person who has their thumb on the actual, real statistics and not just heresay. I am linking the real estate article from the Missoulian who interviewed Jim Kelley a long time appraiser in the Flathead Valley. The headline of course is emotionally charged but that sells papers. The analysis of the 2008 real estate market in the Flathead Valley is painful to read if you are a seller, but its better to be in the know than in the dark. I keep reminding my sellers that real estate is just like a stock or memorabilia - its a performing or non-performing asset in you portfolio. So sit down, take a deep breath and read on. Then make an informed decision.
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