Market Statistics
It is relatively easy to find lots of good news about our local, regional and national real estate market. Trend lines are all heading in the right direction for a robust 2013. Most of the nation has experienced two full years of recovery. Here is what happened locally. This recap is a comparison of 2012 to 2011 sales information using the Southwest Montana Multiple Listing Service (SWMLS) as the source.
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We hope 2013 brings to you and yours health, happiness, prosperity, and a sense of gratitude for all we have in this amazing country of ours.
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With all of the disturbing news on national TV, were thinking that this is a good time to list some of the many reasons we have cause to be thankful. The REAL ESTATE MARKET is improving in many ways. And, beyond that, we are so thankful that we live here in this beautiful, healthy place. Here are our TOP TEN BOZEMAN REASONS TO BE THANKFUL!
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The vastness and diversity of Montana’s landscape is one quality that makes it such a special and unique place to live. And though often we feel the slight tinge of competition to grow the job and housing markets in our own geographical area, the stability of our state’s economy as a whole is what brings people to Montana and retains those of us who were born and/or raised here.
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August Greetings from Sharon and Brian,
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Robyn Erlenbush was recently interviewed by the Bozeman Daily Chronicle for an article about the state of our local housing market.
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Have you seen the September issue of Dog Fancy Magazine? The Bozeman Daily Chronicle reported that Dog Fancy will name Bozeman the No. 2 most dog-friendly city in the U.S. According to the Chronicle, “the publication cited the myriad outdoor activities and effectiveness of the Heart of the Valley Animal Shelter’s operations in the area.”
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As most of our readers are probably aware, there will be a new 3.8 percent tax on specific real estate transactions beginning January 1, 2013 which is intended to partially fund the Health Care and Medicare overhaul. The legislation was passed by Congress in 2010 in order to produce approximately $210 billion over 10 years, which is more than half of the new law's total expenditures. The new tax is often referred to as the “Medicare tax” due to the proceeds being earmarked for the Medicare Trust Fund.
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By Robyn ErlenbushPublished in Distinctly Montana, Summer 2012
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I am quite optimistic in most aspects of life, and finding silver linings in the real estate industry is becoming exceptionally easy as of late. Legislation, media kudos, declining interest rates and falling foreclosures figures all have positive reports as we move into summer, the traditionally busy selling season. Here is a brief recap.
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©ERA Landmark Real Estate 2013. All rights reserved. Robyn Erlenbush CRB, Broker/Owner. Each ERA Office is independently owned and operated. 