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ERA Landmark Real Estate - Bozeman, Livingston, Big Sky, & Ennis Montana

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Market Statistics

ERA Landmark’s 10 Year Retrospective Real Estate Statistics | Bozeman, Montana

Looking over data for the past 10 years, the number of single family homes sold within the Bozeman city limits started at 334 units in 2007, it a low of 291 units in 2009, and peaked at a high of 584 homes last year.  The average prices followed a similar curve beginning at $337,400 and […]

ERA Landmark’s 10 Year Retrospective Real Estate Statistics | Livingston, Montana

Looking over data for the past 10 years, the number of single family homes sold within the Livingston city limits started at 104 units in 2007, hit a low of 77 units in 2009, and peaked at 153 homes in 2015. The average prices came full circle beginning at $200,603 in 2007 and dropping down […]

Outlook for Real Estate

I recently traveled to Orlando, Florida to attend the National Association of REALTORS® (NAR) Annual Convention. The conference features the best of the real estate industry in terms of speakers, committee meetings, and a trade show expo for attendees from around the country to both learn and share. One of my favorite highlights is the […]

2015 Real Estate Summary

 It is difficult to believe that we are marching into another new year.  2015 was a very fast-paced real estate year for all of the local markets, with continued shortages of affordable inventory and very high buyer demand. This summary compares 2015 to 2014 sales and inventory information using the Southwest Montana Multiple Listing Service (SWMLS) reported data as the source.  

2015 Buying and Selling Trends

 We all know that real estate is most certainly local, but having an overview of national trends is important to overall market knowledge. The National Association of REALTORS® (NAR) recently released their 2015 Profile of Home Buyers and Sellers which provides the most up-to-date statistics. Although each real estate transaction is completely unique, trends can be useful to gauge market health.

 

Your Own Piece of Paradise

The road to home ownership is exciting and full of decisions.  Viewing available houses to find the one that best meets a buyer’s personal tastes, needs, and budget can be time consuming and sometimes results in not finding a home that is “just right.”  For people with a bit more inspiration and the luxury of time, the option to buy a vacant building lot or acreage on which to build a brand new home might be a viable alternative.

The Cyclical Return of New Construction

Oh, the sounds of spring!  Birds chirping, lawnmowers whirling, the pounding of hammers and buzzing of saws, and thankfully this spring the increased resonances associated with building new homes.  New construction not only provides great housing choices for home buyers to view, but it circulates a tremendous amount of money throughout Gallatin Valley.

Trends to Watch for 2015

Recently I came across an article in The Washington Post by David Charron, who is the president and CEO of a multiple listing service in the Washington D.C. area.  He was looking at the five real estate trends to keep an eye out for in 2015. Though our local market may be apples to DC’s oranges, real estate as a whole consists of these top areas of discussion.
 
Inventory:  Lack of available homes on the market has had a large impact on our sales recently.

Good News for Gallatin County

The 2015 Economic Outlook seminar, prepared by the University of Montana Bureau of Business and Economic Research, recently made its annual stop in Bozeman. The statewide and local information presented in this article was gleaned from the material presented and some is, in fact, verbatim.
 
To start with the big picture, there was discussion about the national economic conditions with highlights including evidence of stronger, more bullish activity in the small business market and the best six-month performance rating of the U.S.

ERA Landmark Brokers Attend 2014 NAR Conference

Broker/Owner Robyn Erlenbush and Broker Ray Atteberry of ERA Landmark Real Estate recently attended the National Association of REALTORS® (NAR) Annual Convention held in New Orleans, November 7-10. 

Erlenbush attended the conference as a speaker and instructed a class titled “The New Wave of Luxury and Resort Buyer.” She also spoke to the Women’s Council and attended meetings for the NAR Risk Management  as a National committee member.

ERA Landmark Brokers Attend NAR Expo

ERA Landmark Real Estate Broker/Owner Robyn Erlenbush and Broker Ray Atteberry attended the National Association of REALTORS (NAR) Realtor Convention and Expo held in Washington DC May 12-17. This annual event is where NAR members take an active role to advance the real estate industry, public policy, and the association.