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By Howard Sumner, Your Real Estate Source, Your Results Solution!!
(Howard Sumner Consulting)
Comments 0
Time it will take for Inventory to be “sold” or absorbed in the market One question I get asked is how the market is doing. There are many ways to answer the question, yet I believe one the best is looking at absorption of the inventory by the market and the relation of pending sales to the activ...

By Howard Sumner, Your Real Estate Source, Your Results Solution!!
(Howard Sumner Consulting)
Comments 1
Market update full report  Market update at glanceMay 31th 2016“HOW’S THE TRAFFIC” (Again)Thought I would use an analogy to try and capture the market this month.Imagine we are going on trip so volume of traffic and  speed limit becomes important to us.So to indicate the speed limit on or imagina...

By Howard Sumner, Your Real Estate Source, Your Results Solution!!
(Howard Sumner Consulting)
Comments 2
Was just looking at the median price of new homes in the united states, in April of 2006 the median price was $257,000 Freddie mac commitment for a 30 year loan was 6.51% making a 100% financed home with 26% for taxes and insurance cost of $2048.89 per month. Move forward to 2016 April the median...

By Howard Sumner, Your Real Estate Source, Your Results Solution!!
(Howard Sumner Consulting)
Comments 0
Market update full Article  MARCH 31st 2016 “FIGURES NEVER LIE, YET LIARS FIGURE. WHERE’S THE MARKET 2016”March’s market update starts with “SO WHAT’S THE REAL DIRECTION OF THE MARKET”.One thing I have learned about watching the market and helping clients and customers make good decisions about r...

By Howard Sumner, Your Real Estate Source, Your Results Solution!!
(Howard Sumner Consulting)
Comments 3
Open House Sunday April 17th 1 to 3 pm  1316-OMALLEY-DRIVE-Billings-Montana

By Howard Sumner, Your Real Estate Source, Your Results Solution!!
(Howard Sumner Consulting)
Comments 2
 Read full article here FEBRUARY 29Th 2016 “READY SET, WHOA OR GO!!, LOOKING AT 2016”February’s market update starts with “Let’s think different and ask different questions”.I believe it has been awhile since I addressed the issue of what I try to achieve with the information I collect and distri...

By Howard Sumner, Your Real Estate Source, Your Results Solution!!
(Howard Sumner Consulting)
Comments 1
 LInk to full article market update january 2016Market update at glanceJANUARY 31ST 201 “READY SET GO!!, LOOKING AT 2016 ”January’s market update starts with “THANK ALL OF YOU FOR YOUR SUPPORT AND BUSINESS”.The end of JANUARY 2016 numbers, closed sales up +17%, pending sales up +1 %, inventory  u...

By Howard Sumner, Your Real Estate Source, Your Results Solution!!
(Howard Sumner Consulting)
Comments 1
Link to complete article Market-update-at-glance-December-2015 DECEMBER 31ST 2015 “LOOKING BACK, end of the year 2015 report”December’s market update starts with “THANK ALL OF YOU FOR YOUR SUPPORT AND BUSINESS”.The end of DECEMBER 2015 numbers, closed sales up +5%, pending sales up +21 %, invento...

By Howard Sumner, Your Real Estate Source, Your Results Solution!!
(Howard Sumner Consulting)
Comments 0
Want to wish all of you a Happy and prosperous new year in 2016!! Without You, My clients, Customers and Friends I would have no success. So I thank you all for a great 2015 and look forward to serving you in 2016 Enjoy ringing the new year !!  

By Howard Sumner, Your Real Estate Source, Your Results Solution!!
(Howard Sumner Consulting)
Comments 1
 NOVEMBER 30th 2015 “HAVE A GREAT HOLIDAY AND MERRY CHRISTMAS”November’s market update starts with “THANK ALL OF YOU FOR YOUR SUPPORT AND BUSINESS”.The end of NOVEMBER 2015 numbers, closed sales up +5%, pending sales up +27 %, inventory down    -1%, and interest rates down -3% from the year earli...

By Howard Sumner, Your Real Estate Source, Your Results Solution!!
(Howard Sumner Consulting)
Comments 1
TO READ AT MY WEB SITEhttp://www.realestatemontana.com/blog/Market-update-at-glance-OCTOBER-2015 Market update at glanceOctober 30th 2015 “10 months down, 2 months to go”October’s market update starts with “oh my god where has the year gone”.The end of October 2015 numbers, closed sales up +6%, p...

By Howard Sumner, Your Real Estate Source, Your Results Solution!!
(Howard Sumner Consulting)
Comments 1
Market update at glanceSeptember 30th 2015 “History and Fall, a couple favorites of mine”September’s market update starts with discussion Historical perspective. Those that have read these report for a while know that the high point in activity for residential sales was 2006, in that year there w...

By Howard Sumner, Your Real Estate Source, Your Results Solution!!
(Howard Sumner Consulting)
Comments 0
August 31ST 2015  “END OF SUMMER BEGINNING OF SCHOOL” What has the summer taught about the market?   Just really going to let the numbers and charts speak for themselves this month. if you have any question please call or email Market update at glance   Year  Percentage Increase  Yellowstone Cou...

By Howard Sumner, Your Real Estate Source, Your Results Solution!!
(Howard Sumner Consulting)
Comments 3
Through the looking glass - Alice in the wonderland of HousingWhat follow is an analysis of Yellowstone County and the housing market to see if we can discern where it might head over the next couple of years by understanding income and household growth to see if we are in “balance” or has there ...

By Howard Sumner, Your Real Estate Source, Your Results Solution!!
(Howard Sumner Consulting)
Comments 2
“DOG DAYS OF SUMMER”In recognition of the time of year this written report is much shorterAt the end of July 2015, closed sales are  up +8%, pending sales up +13 %, inventory down -11%, and interest rates down -2% from the year earlier. As of the end of the week of August 7th the rig count in Nor...

By Howard Sumner, Your Real Estate Source, Your Results Solution!!
(Howard Sumner Consulting)
Comments 3
http://www.realestatemontana.com/Blog/comparing-2006-to-2015-real-estate-market-Yellowstone-County  Time to look back and see where the market has traveled. I use 2006 as a base year for comparison to 2015 since 2006 is the peak year in terms of number of sales in Yellowstone County. The resident...

By Howard Sumner, Your Real Estate Source, Your Results Solution!!
(Howard Sumner Consulting)
Comments 0
 direct link to total bloghttp://www.realestatemontana.com/Blog June 30th 2015 “Perception Working Reality”When I moved to Montana 43 years ago, one of the things I found fascinating  was perception of temperature, you go through a week of -10 to -20 below zero, then it “warms” to 20 above and th...

By Howard Sumner, Your Real Estate Source, Your Results Solution!!
(Howard Sumner Consulting)
Comments 0
http://www.realestatemontana.com/Blog/Market-Update-at-glance-May-2015 “Inventory Shortage and other Myths” Mays market update starts with discussion of a comment both locally and nationally that there is a “shortage “of inventory.  Actually though when you look at activity in the market place it...

By Howard Sumner, Your Real Estate Source, Your Results Solution!!
(Howard Sumner Consulting)
Comments 2
http://www.realestatemontana.com/blog/Market-update-at-glance-april-2015 April 30th 2015  “Spring has sprung and the sprung has the market Jumping” April’s market update starts with a saying I believe most would be familiar, about flowers coming to bloom as sign of renewal and growth.  Actually t...

By Howard Sumner, Your Real Estate Source, Your Results Solution!!
(Howard Sumner Consulting)
Comments 0
   March 31th 2015  “Oh what difference weather and interest rate makes, within the market place” I think I will start March’s market update with an analogy to the college basketball events that occur every year and that is “March Madness” only we do not end up with a final four. I do think “Marc...

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