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.

Single Family Market
     •    Sales units are up 5% over last year.
     •    Average sales price is up to $272,362 while the median sales price is $237,250.

Condo/Townhouse Market
     •    Sales units are up 40.6%!
     •    Average sales price is $163,881 and the median is $150,000. Both of those numbers are down compared to 2010, but that’s likely contributing to the increase in sales. Sometimes you have to take the good with the bad.

ERA Landmark analyzes market statistics every month. We don’t publish all of the statistics on…

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Summertime in Southwest Montana can rarely be beaten 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. Though many of you have most likely read about these ventures individually, seeing their impact when combined is truly an indicator of the forces in the Bozeman public and private business…

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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 10:00 am until 5:00 pm.

The Downtown Bozeman Partnership is relocating its office to 222 East Main Street, Suite 302 on the third floor of the Baltimore Building. “The decision to relocate was based on creating a more professional and efficient work environment,” said Chris Naumann, Executive Director of the Downtown Partnership. “We are excited about this unique opportunity to partner with ERA Landmark to make a single Downtown Visitors Center that will be substantially better than the…

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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 (GSEs), an 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. Molzahn was among the state delegates that met personally with Senators Max Baucus, Jon Testor, and Representative Dennis Rehberg to discuss these issues.

Molzahn has…

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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 high school and plans to further their education.  After much consideration, Lisa’s application was chosen as the winner by a team of ERA agents.  Best wishes to Lisa Gillies in all of her future endeavors.

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