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
RECENT BLOG POSTS
Since there seems to be a lot of press about how it may be better to rent than buy a home, I thought I would compare current asking price for renting different types of homes Yellowstone county to the same basic description of the selling price of a home and the payment needed to own that home. T...
08/04/2014
Market update at glance June 30th 2014 “Questions to ponder about the market” The first half of 2014 is past, now is the time to ask questions about the direction of the market and comparisons to gain and illuminate knowledge that might be found. So instead of my usually format, questions will be...
07/10/2014
Just to cover all the bases, I have expanded this report to include existing home sales and mobile home placements. Globally it now covers the entire housing segment. Permits include both mutli family and single family permits. So let’s look at the playing field to see how we are doing  9 ½  year...
06/24/2014
  “Winter of discontent and other Myths” Safely into late spring and the beginning of summer, worth one last time to ask how much winter effected the direction of the market. First let’s look at closed transactions, May 2014 continued with fewer homes closed. Number of closed sales in Yellowstone...
06/07/2014
When I review the market in Yellowstone county I always try and think of different ways to look at what happens both long term and short term. With that in mind it prompted me to ask the subject line question. And there are many ways to answer the question, your point of view may determine your a...
05/12/2014
APRIL 30ST 2014 “APRIL SHOWERS, BRING MAY FLOWERS?” Now one third of the year completed no question about how much winter effected the direction of the market. First let’s look at closed transactions,  April 2014 continued with fewer homes closed, number of closed sales in Yellowstone County are ...
05/08/2014
“WINTER OVER, DOES SPRING ARRIVE?” With the first quarter of the year completed, still questions about how much winter effected the direction of the market. First let’s look at closed transactions, March 2014 continues with fewer homes closed, number of closed sales in Yellowstone County are 313 ...
04/09/2014
  I ran into an interesting article about rent versus buy the article contained a calculator comparing renting versus buying that showed, what I thought, a realistic cost comparisons. The calculator let you change the the price and rents so I ran the information for Yellowstone County.    The hou...
03/21/2014
    “WHICH TEA LEAVES HAVE MEANING?”   With two months of the year completed, still questions about which indicators best discern the direction of the market. First let’s look at closed transactions, February 2014 continues with fewer homes closed, number of closed sales in Yellowstone County are...
03/15/2014
Looking back through time to give perspective   New home sales in December were 28,000 thousand, in 1963 fifty years ago they were 31,000     In 1963 the population was 190,472,000 in 2013 317,479,000 an increase  of 66% new home sales decreased 22.5% in the same time period   In 1963 the Nonfarm...
02/14/2014
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