Your resource for Missoula Real Estate Information
We have all heard the national news coverage of foreclosures, short sales, huge price reductions and unbelievable investment opportunities. So, how has the Missoula real estate market compared? Here are the percentages of sales price to original price, pertaining to different areas of Missoula, based on local MLS input over the past year.
It’s Spring (sort-of) in Montana, and the thoughts of making a move start flowing. Some Buyers are looking to invest in their first homes, others are looking to purchase a larger or smaller home, and others are looking at investment possibilities. There are many property listing types out there, but what does it all mean […]
I thought it might be beneficial to see an overview of the Missoula real estate market by giving some statistics over the last year, specific to certain areas of Missoula.
There seems to be some confusion going around about the Rural Development (“RD”) program in Missoula, MT, and whether or not there is funding available, so I thought I would try to help clear some of it up.
Well, I think we can all agree that our lovely Fall has come to a halt, and our Winter may be getting ready to pounce. And with this change comes a to-do list to prepare for the cold.
If your experience has been anything like mine, you have felt the strain of the economy in numerous areas. While, certainly, the degrees of effect have varied to different people, I think we all can agree that the recession has not only impacted people financially, but also emotionally.
With the economy, and the housing market specifically, feeling so unsure throughout the last few years, it’s easy to understand a hesitation to purchase a home. Many people have had personal experience with a loss of value in their home, thereby putting them into a different financial place than expected.
Purchasing a foreclosure, or a distressed property, seems to be what many are interested in currently. And, while there are many areas of the country where purchasing a home out of a foreclosure can be very lucrative, we really haven’t seen that phenomenon very often in Missoula, MT.
In the not so distant past, it was simple: you decide to sell your house, you call a Realtor and list it and before too long or too many price reductions, somebody had decided to purchase your home. And, while the overall template is still the same, the details and rules of the game have […]
The 2010 Missoula Housing Report is now available – this is a report provided by the Missoula Organization of REALTORS, released March 25, 2010. According to this report, the number of homes sold in 2009 (in the Missoula urban area) was about 3% greater than the number of homes sold in 2008, which marked a […]
The question is out there – have Rural Development (“R.D.”) funds been used up? The answer is no – at least currently. However, it is true that not all lenders are able to do R.D. loans – even if they previously were able. If you, or someone you know, is interested in utilizing R.D. funds, […]
