Market Statistics

7 Reasons Why Owning A Home Is A Good Thing - Tue, 05/15/2012

With all the economic and real estate turmoil of the last few years, some home owners and some possible first-time home buyers are wondering why they should own a home. They look at all the responsibility of upkeep, see their friends and acquaintances lose their homes, and watch the falling market nipping at their heels for the last few years.Some renters are thinking that it's much safer to just keep renting, rather than buying their first home.

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Great News for the Luxury Housing Market - Tue, 04/17/2012

U.S. News & World Report interviewed Robyn Erlenbush and Richard Smith, president and CEO of Realogy Corp. (ERA’s parent company), last week when they recognized that the luxury housing market is buzzing.

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Foreclosures Down, Market Steadying - Wed, 03/21/2012

The Bozeman Daily Chronicle published a story this week about the number of foreclosures in Gallatin County."The number of foreclosures in the area has slowed four years after the Great Recession first struck the Montana real estate market, dropping 18 percent from 2010 to 2011."What this means for the future of our local real estate market is unclear, but as our own Robyn Erlenbush states in the article, "Sales increased last year and prices are beginning to level out – both signs of a steadying real estate market."

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Robyn Erlenbush breaks down the 2010-2011 Big Sky real estate market - Wed, 02/22/2012

A self-proclaimed "numbers nerd," Big Sky ERA office owner Robyn Erlenbush has spent the beginning of 2012 going over figures and making graphs to convey just what's happened in the Big Sky real estate market in 2011 compared to 2010.It's a task she takes on every year. This time around Erlenbush's found condo sales are up while prices are down. Single-family home sales and prices are up. And, the number of bank-owned sales comprised 25 percent of 2011 Big Sky real estate transactions.

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National and Local Trends - Tue, 12/13/2011

I recently returned from the National Association of Realtors® (NAR) conference in Anaheim. One of my favorite sessions every year is the Economic Outlook report presented by Lawrence Yun, Chief Economist of NAR. I love his no-nonsense and refreshing look at the facts, which always gives me hope for the

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Random Remarks on Real Estate - Mon, 10/10/2011

October Greetings from Sharon and Brian,What a beautiful fall we're having! Crisp, sunny, delightful! Montana IS the Last Best Place!Some random reports, thoughts and opinions on the Bozeman Area Real Estate Market:

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A Look at Residential Housing Starts - Tue, 07/19/2011

Vacant land sales have been basically stable in Bozeman, Belgrade and rural Bozeman for the first six months of this year. In 2011, 93 building lots closed in comparison to 94 in 2010, but far off the pace of 2007 when we saw nearly double that amount of sales. The median sales price of a lot in Bozeman has declined 12.5% from the previous year to $46,650. In the rural area su

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Bozeman Residential Market Statistics – May 2011 - Fri, 06/24/2011

At our office meeting last week, we took a close look at the city of Bozeman’s residential housing market and we found some promising numbers (pulled from the Southwest Montana MLS 1/1-5/31) that we wanted to share with you.

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Dealing with “Distressed Properties” - Tue, 05/31/2011

With so much information floating around nationally about foreclosures and short sales, I thought I would share some facts that speak to both home sellers and buyers with a few definitions and guidelines, as well as specific local market data about distressed properties.

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