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 surrounding Bozeman, the median is down 5.9% to $80,000. Though we have seen very little speculative construction, there are new housing starts in many developments in the northwest sector of Boze
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ERA Landmark is pleased to announce that pottery by George Dunbar along with paintings by Michael Blessing and Kara Tripp will be on display at ERA’s Downtown office during the Art Walk on Friday, August 12th from 6 to 8 pm.
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Robyn Erlenbush, Broker/Owner of ERA Landmark Real Estate is pleased to announce that sales associate Molly Garrison has joined ERA Landmark Real Estate.
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Robyn Erlenbush, Broker/Owner of ERA Landmark Real Estate is pleased to announce that sales associate Tyler Garrison has joined ERA Landmark Real Estate.
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ERA Landmark is pleased to announce that the 2011 Sweet Pea poster entries will be on display at ERA’s Downtown office during the Art Walk on Friday, July 8th from 6 to 8 pm. All 65 posters entered into this year’s contest will be on display along with the original artwork by Ivy Davis and Karen Luckey that was chosen as the winner. ERA will also be selling Sweet Pea merchandise and admission wristbands.
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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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Summertime in Southwest Montana can rarely be beat with festivals, art and music everywhere. Most of us take enjoying this short season very seriously. But another aspect of this window of opportunity is for the construction trade. While the building industry certainly operates year round, much will be accomplished and completed during the upcoming summer season. This month’s article features several of the large projects that are being constructed in and around Bozeman in order to highlight the growth and variety that is taking place in the commercial market.&
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The Downtown Bozeman Partnership and ERA Landmark Real Estate have teamed up to combine their visitor centers into one comprehensive Downtown Visitors Center located at 8 East Main Street. The enhanced Downtown Visitors Center will be open Monday through Saturday from 10:00am until 5:00pm.
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Scott Molzahn GRI, Broker with ERA Landmark Real Estate recently attended the National Association of Realtors midyear convention in Washington, D.C., May 9-13, representing the Gallatin Association of Realtors as 2011 President-Elect. Discussion topics over the 5 day event included the possible repeal of the mortgage interest deduction, restructuring of Fannie Mae/Freddie Mac and other Government Sponsored Enterprises (GSE's), extension of the Flood insurance program, liquidity in the banking system and the effects of requiring 20% down payment and the removal of the 30 year mortgage.
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ERA Landmark Western Land would like to congratulate Park High School senior Lisa Gillies. Lisa was recently awarded the office’s 2011 scholarship to be used during the 2011/2012 academic year. The agents at ERA Landmark Western Land contribute to the scholarship fund from their sales commissions throughout the year. The intent is to provide assistance to a Park County student who has shown scholastic improvement and personal growth while attending
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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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Each year ERA Landmark features a local Montana artist for the downtown Bozeman Art Walks which occur on the second Friday of the month June through September from 6 to 8PM. For the first Art Walk this year, we're proud to feature Tom Murphy, originally from South Dakota, whose abstracts, landscapes and wildlife photography truly capture the essence of Montana and the undeniable beauty of our surroundings in this majestic state.
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Robyn Erlenbush, Broker/Owner of ERA Landmark Real Estate, is pleased to announce that ERA Landmark Real Estate was one of three finalists in the nation for the ERA Circle of Light Award. The Circle of Light Award recognizes ERA companies who serve their community by giving time or raising funds for charitable organizations.
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One of the key indicators of real estate market stability is the rise and fall of existing –home sales. Defined as “completed transactions that include single-family, townhomes, condominiums and co-ops”, the level is tracked on a monthly basis nationwide. March’s final numbers, as reported by the National Association of Realtors (NAR), state that sales in this category were up 3.7 percent in March. Breaking this data down further brings insight that investors versus owner-occupied buyers are a huge catalyst in
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We know why we love it here and you should too! Read further for information about moving to Bozeman, provided by MovingCost.com. You can also find great information about the city of Bozeman here: City-Data.com
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Several associates from ERA Landmark's Bozeman and Western Land offices attended the GRI Conference held April 6-9 in Helena. The event offered many continuing education programs for real estate associates seeking a Graduate Realtor Institute certificate.
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Robyn Erlenbush, Broker/Owner of ERA Landmark Real Estate is pleased to announce that Sally Hickey completed the course Accredited REO Agent, known as “A-REO”, as a part of the HomeSteps Current Broker Program.Recognized by leading default management companies, the A-REO designation is viewed as a base-line resource for experienced REO agents. Hickey completed the 15 hour online certification program through REO Training Solutions.
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Robyn Erlenbush, Broker/Owner of ERA Landmark Real Estate, is pleased to announce that ERA Landmark Real Estate ranked #1 in Total Closed Production Volume in 2010 for Division 1 (companies with 50 or less associates) by global residential real estate leader ERA Franchise Systems, Inc. Erlenbush and the company were recognized for these outstanding achievements at the 2011 ERA International Business Conference, held March 17-19 in Las Vegas.
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Sue Frye, sales associate at ERA Landmark Real Estate is once again ranked in the top 20 in the nation for overall sales production in 2010 by global real estate leader ERA Franchise Systems, Inc. This accomplishment is the result of Frye’s 28 plus years of commitment to all her clients and customers, as well as their loyalty to her. Frye continues to succeed amongst the top ERA associates, which includes more than 14,000 brokers and sales associates in the nation.
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Market correction. Market recovery. Buyer’s market. Seller’s market. People always want to know where in the real estate cycle we are currently positioned. Although there are definitely leading trendlines, there is still no perfect crystal ball. For those of us in the business, we pour over monthly figures and listen to the experts on a daily basis, while always keeping in mind that real estate is local. Let’s look at some national trends and finish with local indicators and some recent statistics.
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