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Market Watch

Foreclosures Down, Market Steadying

Posted on March 21, 2012

The 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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ERA® and the ERA Logo are registered service marks owned by ERA Franchise Systems LLC. Robyn L. Erlenbush Real Estate, P.C. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to ERA Franchise Systems LLC nor any of its affiliated companies. © 2019 Robyn L. Erlenbush Real Estate, P.C. All rights reserved.

 

All property data and market statistics are pulled from Big Sky Country MLS.

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