Here in Montana, a steady stream of tourists is common and anticipated throughout the year. We not only have many of the natural amenities that travelers seek, but a strong marketing presence nationwide that entices people to try us out or return to this stunning part of the country. The state recently demonstrated just how “popular” we are by outpacing the national average hotel occupancy in both June and July and leading the entire nation with an 84% occupancy rate in July. In 2011, the 10.5 million out-of-state travelers (10 times our state’s population) spent $2.8 billion dollars in Montana. That is $7.5 million per day from nonresidents, which creates a ripple effect throughout the economy. The ripple effect, meaning how many times each dollar is…

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With the last days of summer upon us, we're just now able to take a big breath (although, carefully, because of the smoke!). It has been a hectic last few weeks, with buyers, new listings, contracts on our listings, closing details, and all the things that we as Realtors® do for our clients. We're always committed to helping to make the process as painless as possible and to anticipate the "bumps in the road" and keep the negotiations going until a successful transaction is completed.

We're still seeing improvement in the market, but we're certainly not out of the woods. Sales prices are improving in some price ranges. Does that mean we've hit bottom? Maybe. And that we're on our way to recovery? Maybe. Some analysts say that inventories of for-sale…

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