Regional and national buyers are recognizing the values within the Big Sky market and are buying their legacy properties.


Both residential and condo units have seen a significant increase in sales since 2008-2009 levels. Residential sales units have increased by 75% and condo sales units have increased by 110%.

 

 

 

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Bozeman and Belgrade sales units have dramatically increased. Sales units for residential single-family properties in Area 1 (inside Bozeman city limits) have increased 42.6% over 2009. Also, in Area 2 (outside Bozeman city limits), the residential sales units have increased by 97%, and in Belgrade, we see an increase of 23.7%. See the graph below.

 

 

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Denise Andres is ranked #5 in the nation for real estate sales based on Total Closed Production Volume through June 2010 among over 16,000 ERA Associates by global residential real estate leader ERA Franchise Systems, Inc.

As a Sales Associate with ERA Landmark for 12 years, Denise has earned many distinguished awards including the ERA National Leaders’ Circle each consecutive year since 1999, "1st in Customer Satisfaction" national awards from ERA Franchise System, and Gallatin Association of REALTORS® Salesperson of the Year 2001.

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Sue Frye is ranked #21 in the nation for real estate sales based on Total Closed Production Volume through June 2010 among over 16,000 ERA Associates by global residential real estate leader ERA Franchise Systems, Inc.

Sue specializes in residential, vacant land, and commercial properties for all price ranges large and small. Sue recently received the ERA International Collection Sapphire Award and continues to succeed amongst the top ERA associates in the nation.

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Robyn Erlenbush, Broker/Owner of ERA Landmark Real Estate is pleased to announce that sales associate Mary Sadowski has joined ERA Landmark Real Estate.

Prior to joining ERA Landmark, Sadowski received her Bachelor of Arts degree from Prescott College, AZ, and a second degree with a major in Sociology from Montana State University. She has been an Outward Bound Instructor, Chemical Dependency Counselor, EMT, and Wilderness First Responder. Sadowski has had her hands in an array of real estate transactions throughout the past 25 years, including managing her own vacation rental business, and is a valuable addition to ERA Landmark.

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Robyn Erlenbush, Broker/Owner of ERA Landmark Real Estate is pleased to announce that Sally Hickey received accreditation as a homebuyer representative from the Real Estate Buyer's Agency Council.

To earn the Accredited Buyer's Representative (ABR) designation, Sally completed an extensive training program on buyer agency practices and procedures, passed a written examination, and demonstrated practical experience as a buyer representative.

Sally Hickey also holds the Certified Residential Specialist (CRS), Graduate REALTORS® Institute (GRI), GREEN, and e-PRO designations. Specializing in helping buyers purchase foreclosure properties, Sally has been helping sellers and buyers with their real estate needs in the Gallatin Valley since 1991.

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The short sale process, often agonizingly long, may not speed up overnight, but there’s reason to believe that better days are ahead. The federal government’s long-awaited guidelines for standardizing short sales went into effect on April 5th, 2010. The short sale guidelines are part of the government’s new Home Affordable Foreclosure Alternative Program, known as HAFA. The idea is that if borrowers are eligible for the loan modification program but are unable to work out a plan to stay in their home, they and their lenders have a well-mapped route for executing a short sale or a deed-in-lieu of foreclosure.

First, a couple of definitions are in order here. A short sale is created when a homeowner has insufficient equity or cash to discharge (payoff)…

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Every morning, Warren Hill wakes up to sunshine and a view of the mountains. Since retiring from the National Park Service in 1997, a job that took him to many of America's most beautiful places, he chose to settle in Colorado Springs, Colo. "I hiked 5 miles this morning and I got home by noon," says Hill. "It's 15 minutes to get downtown but it's also 15 minutes to the mountains." After 13 years of weekly hikes, he has seldom needed to repeat a trail unless he especially enjoyed it.

This idyllic lifestyle hasn't busted Hill's retirement budget. "In other places, we looked at, the cost of living was pretty high compared to here," says Hill. The median home in Colorado Springs sold for just $175,000 in 2010 and the cost of living is well below the…

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