Market Watch
Foreclosures Down, Market Steadying
Posted on March 21, 2012The Bozeman Daily Chronicle published a story this week about the number of foreclosures in Gallatin County.
"The number of foreclosures in the area has slowed four years after the Great Recession first struck the Montana real estate market, dropping 18 percent from 2010 to 2011."
What this means for the future of our local real estate market is unclear, but as our own Robyn Erlenbush states in the article, "Sales increased last year and prices are beginning to level out – both signs of a steadying real estate market."
Read the entire story complete with a foreclosure map and 6 years' worth of market statistics here. Kudos to Chronicle Staff Writer Jason Bacaj for his in-depth and well-rounded reporting.
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