Montana Realtor Blog, Real Estate Market Information Billings, Montana, Yellowstone county

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Real Estate Broker Owner - Howard Sumner Real Estate - RRE-BRO-LIC-2190

ARCHIVED BLOG POSTS

2010 

 I THOUGHT I MIGHT FOLLOW UP WITH A GRAPH TO REINFORCE THE THOUGHT REAL ESTATE IS A LONG TERM INVESTMENT HERE IS A GRAPH FROM MY DATA BASE, IT ONLY GOES BACK TO 1963 FROM THE MLS DATA THAT I HAVE. IF YOU WANT THE FUTURE TO PLEASANT YOU MUST TAKE ACTION NOW TO MAKE IT SO.
Posted over 3 years ago
3 Comments
 Want to wish all a happy and prosperous new year. May the economic winds be kind to your business and personal life. Enjoy the opportunities the new year brings you. And for all that yearn for the thought of the warm days of the "other seasons" meaning not white grass here is a picture to remind...
Posted over 3 years ago
2 Comments
The following is the most appropriate quote in relation to ownership of real estate I have seen. The wealth creation of owning real estate does not occur in a 12 month period  If you are planning for one year, grow rice. If you're planning for 20 years, grow trees. If you're planning for centurie...
Posted over 3 years ago
 Saw a head line touting an increase in new construction single family sales up 5.5% for November while true, it really does not convey the overall state of the new home industry in the United States. It is important to keep in mind that all real estate is local yet the national physic will perme...
Posted over 3 years ago
0 Comments
Census bureau information is starting to be released and with some simple math you can get a feel for the length of time it is going to take to resolve the housing oversupply/foreclosure problem. From census in 2000 to the 2010 census 1st the population in the united states  increased by approxim...
Posted over 3 years ago
 Since it is the end of the year and the "stock" gurus are touting the "huge" run up in stock prices thought you might like to see the comparison in Billings the past five years vs. the stock indexes First the dow  Second the S&P 500   Third the NASDQ   Fourth but not least home prices in Billing...
Posted over 3 years ago
Thought it might be useful to compare total permits and single family on graphs together . The important take  away is, total permits and starts include multifamily, single family is single family, at the peak you can see the larger separation of the two measurements and how the spread has narrow...
Posted over 3 years ago
1504 Linda Lane A Lot For A Little! PROPERTY DETAILS $159,900 LISTING INFORMATION Bedrooms: 4Full Baths: 2Half Baths: 0Sq ft: 2296Lot Size: 13,046 sq. ft.Style: RanchGarage: 2 CarHeat Source: GasTaxes: $1776.00 PROPERTY DESCRIPTION Imagination is what it takes, and some tender loving care, to ma...
Posted over 3 years ago
looking at the trends in rental availability in Yellowstone county, it seems to indicate rent hikes are in the offering for tenants. when looking at the trend line there are lees homes and apartment available for rent and generally speaking when there is less of something available it means the p...
Posted over 3 years ago
in looking at the November sales comparison you can see in 2008 where people felt the world was going to end, we just at the beginning of financial storm. what it communicates to me is market stabilization which is a real positive.
Posted over 3 years ago
Rainmaker
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Howard Sumner

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The Most Current Information on the Real Estate Market in Billings Montana From a Top Performing Realtor, in Billings Montana, Yellowstone County