Bozeman Real Estate Information from Hart Real Estate Solutions
This blog details real estate news and information from the greater Bozeman Montana Housing Market.
ARCHIVED BLOG POSTS
2015
The Cannery building, the focal point of the Cannery District, will be set to open for business starting this fall. After jumping through hoops and dealing with discussions of a possible city annexation, the owners are now ready to move on the Cannery Building itself. The owners already have a va...
03/31/2015
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New home sales increased in February, rising to a seasonally adjusted pace of 539,000 homes sold this year. That number is up 7.8% from 500,000 in January.Total home sales rose by 1.2% in February after a slow January start. Annually adjusted home sales for February 2015 are 4.7% higher compared ...
03/30/2015
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The US Census released new population numbers that have put Bozeman into the top ten fastest growing small towns in the United States over 2014. For those keeping score, Bozeman scored 6th on the list. Williston and Dickinson North Dakota came in at 1 and 2 because of the local oil booms they hav...
03/27/2015
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The Gallatin YMCA will move forward with their plans to construct a 5.5 million dollar athletic facility just north of Gallatin Regional Park in Bozeman. According to preliminary plans, the building would be 24,000 square feet and would include weight and cardio centers, locker rooms, a community...
03/26/2015
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Townhouse construction has been taking a larger share of new construction start ups in the real estate world. In 2014, townhouse start ups totaled 19,000 in the fourth quarter which was 12% higher than in 2013. Townhouse construction totals for 2014 hit 72,000, up from 68,000 last year. Builders ...
03/25/2015
If Montana already didn’t have enough positive trends for their housing market, more good news came from Realtor Magazine in mid March. The magazine released which states had the highest percentage of borrowers with positive equity in their home—and Montana ranked 3rd, at 97 percent. The magazine...
03/24/2015
The average home buyer had more capital to put down on a home in 2014, according to an analysis of nearly 20 million home sales. The average down payment made by home buyers in the United States was $58,496. On average, buyers were able to put down 15.4% of the purchase price. Having buyers acros...
03/20/2015
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Local Bozeman builders have tried to come up with viable solutions to the affordable housing scenario in Bozeman. Although more building permits have been issued in the last few years, many of these homes are aiming at prices above $300,000 (read some stats on 2014 single family residence homes h...
03/19/2015
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Home inventories have fallen in early 2015 as markets have struggled to find a balance between homes for sale and qualified buyers. Home inventory fell in January by 6.7% month over month and 8.7% year over year. Although obvious on the surface, the major problem causing a lack of homes for sale...
03/18/2015
Mortgage rates in the United States have fluctuated over the last few weeks, but with a general upwards trend. Homebuyers will want to keep their eyes on the mortgage rates over the next few weeks to see if they continue to remain low. If they do not, home buyers may want to speak with lenders so...
03/17/2015
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Hart Real Estate Solutions
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