Tagged : Montana Housing Market

Found 7 blog entries tagged as "Montana Housing Market".

houseinhand_voronin_450realtor.com - A new year is about to dawn—and the outlook on the housing market is definitely brighter. After all, 2014 was the best year in the U.S. economic recovery since the recession of 2008-2009.

With an accelerating economic recovery fueling job and income growth, prospects are good for homeowners and would-be home buyers.

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houseinhand_voronin_450homes.yahoo.com - Autumn is historically the start of the slow season for home sales, but after a sluggish spring and summer, wrought with still-tight supply and higher costs, the stage may be set for a small rebound in U.S. housing this fall, at least according to a new report from Redfin, a real estate brokerage.

More sellers are lowering their price expectations, because the number of homes that sold above list price in July was down nearly 26 percent from a year ago, noted the Redfin report. That is the biggest drop of the year. Lower prices, still-low mortgage rates and increasing supply could push sales higher.

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houseinfingers_lehui_450zillow.com - Buying in a market with little inventory

Q. We are a young couple in Pennsylvania, and we want to buy a house. However, there are no reasonably priced houses in our area due to lack of inventory. When one comes on the market, it’s gone in a few days at a high price. We’re pretty frustrated and probably just going to stop looking for a while. When do you think it will be a better time to buy? Tess L., PA

A. I don’t know any better than anyone else how the market will play out or when it will be a better time for you to buy. Usually when prices rise (as they are today in many areas due to a shortage of homes for sale) many folks jump at the chance to list their homes in an attempt to capture those higher prices. But lately, the higher

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houserainbow_anthonycz_450realtor.com - The feeding frenzy of buyers and lack of inventory are creating a repetitive situation each weekend in many neighborhoods: new listings come on the market near the end of the week, so buyers and their REALTORS® scramble to see them and even pre-inspect before the weekend is over.

These multiple offers are reviewed on Monday or Tuesday at a pre-defined time set by the sellers. Buyers write offers at or above the list price, waive contingencies, and do every creative thing they can think of to stand out from the other buyers.

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bozeman_city_of_bozeman_468Bozeman Daily Chronicle - It no longer matters how many times you ask breathless visitors not to tell anyone how great it is here. The word is already out.

Gallatin County's population is predicted to swell by 20 percent by 2025, to roughly 112,000 people. Bozeman will hold almost 50,000 by then. And those estimates, put out by the Montana Department of Commerce, are probably conservative, considering the momentum carried by the local economy and housing market.

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houseinhand_voronin_450According to the newly released Zillow Market Health Index, the nation’s healthiest housing markets in October were clustered in California and the rest of the West.

Zillow’s Market Health Index, calculated on a scale from 0 to 10, is a new measure designed to illustrate the current health of a region’s housing market relative to similar markets nationwide. Because no one number can accurately convey every dynamic in a given area, the Market Health Index incorporates 10 separate measures of housing market health. Calculated monthly at the ZIP code, neighborhood, city, county, metro and state levels, it is a key component of Zillow’s newly redesigned local information pages, aimed at offering users more data, more easily.

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housegreenkeys__anthonycz_450realtor.com - The U.S. housing market is in a completely different position than this time last year, with solid price increases, steady inventory and strong demand continuing well into the fall season, according to realtor.com’s National Housing Trend Report for October 2013.

Median U.S. home prices in October were relatively unaffected by the usual seasonal patterns, with a 7.57 percent increase year over year. National inventory is stabilizing after the dramatic declines seen earlier this year, although the nation still is experiencing significant supply shortages. Most notably, median age of inventory – a leading indicator of demand – is down 11.32 percent from last year, demonstrating resilience to seasonal changes and stabilized inventory.

To

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