Economy News

August 2009 Residential Real Estate Market Graph - Wed, 09/30/2009

Good news for the local real estate market! Residential inventory in the Bozeman/Belgrade area is down! Fewer available homes on the market is the first step towards home price stabilization. The Belgrade area shows the most promise as the August 2009 inventory level is lower than it was in August 2006.

February Big Sky Market Stats - Wed, 03/17/2010

Downtown Rebuild and Renaissance - Wed, 03/03/2010

March 5, 2009 will always be one of those days that you will never forget where you were or what you were doing when a massive explosion and fire took one life and destroyed one-half of the 200 block of East Main in Bozeman. People all around the world were following the events on Twitter within minutes after the explosion and photos were flying via cell phones seconds later. Regard

Betting on the Boom - Nicole Rosenleaf Ritter - Wed, 02/24/2010

DEPENDING ON THE POINT OF VIEW, the baby boomers are the generation that will break the bank or the one that will save it. In Montana, home to the eighth oldest per capita population in the nation, the only things that can be said for sure are that the baby boomers are already making their impact felt — and that businesses are already positioning themselves to serve them.

Montana Ties Utah as Happiest State - Wed, 02/17/2010

Montana is tied with Utah as the second happiest state, according to a new survey. Hawaii moved into first place in the second year of the survey. More than 350,000 American adults took part in the Gallup-Healthways Well-Being Index in 2009. Utah used to be in first place, but was surpassed this year by Hawaii.

Ode to Good News - Wed, 02/03/2010

Each year, we eagerly await the final December home closings to be entered and tallied. Once again, it’s time to take our annual market at a glance overview of some key statistics from the real estate happenings of 2009. The data presented in this article is from the Southwest Montana Multiple Listing Service (SWMLS). As important as it is to focus on the complete story,

Big Sky For Sale! Big Sky Market Stats - Wed, 01/27/2010

As the new year takes off, residential inventory levels in Big Sky tighten for the first time in years. The supply of homes in Big Sky decreased 15% December 2009 as compared to December 2008. The number of Big Sky condominiums on the market declined by 5% for the same time period. ERA-Big Sky agents indicate that this effect is the positive result of properties selling.

December's Inventory Market Stats - Fri, 01/22/2010

The supply of homes within the Bozeman city limits declined 26% December 2009 from inventory levels in December 2008. This adjustment continues to be a step in the right direction and has been a positive trend for the past 3 months. The supply of homes in Belgrade decreased 29% December 2009 as compared to December 2008 indicating progress toward a general balance between buyers and sellers.

Remodel Returns - Mon, 01/04/2010

Remodeling magazine, in conjunction with REALTOR® magazine, recently released its 2009-10 annual report on the relationship between the cost of remodeling projects and the value that it brings at the time of resale. This is the 22nd year of analyzing national and regional data for 33 of the most popular remodeling endeavors.