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By Tim Hart, Broker
(Bozeman Broker Group)
Comments 0
  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. Buil...
By Tim Hart, Broker
(Bozeman Broker Group)
Comments 0
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 magazin...
By Tim Hart, Broker
(Bozeman Broker Group)
Comments 2
  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 home...
By Tim Hart, Broker
(Bozeman Broker Group)
Comments 0
  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 ...
By Howard Sumner, Your Real Estate Source, Your Results Solution!!
(Howard Sumner Real Estate)
Comments 1
  Market update at glance   February 28th 2015    “Oh what difference weather and interest rate makes, within the market place”   I think I will start Februarys market update with the quote from an ad on television I remember as I was growing up from alka sizzler,” plop, plop, fizz, fizz Oh what ...
By Tim Hart, Broker
(Bozeman Broker Group)
Comments 0
The Bozeman School District will be adding 170 more students next year, highlighting Bozeman and the surrounding area’s continued growth. Last year, Bozeman schools had their highest enrollment ever and it looks like the record won’t make it through the calendar year. In addition to the 170 new ...
By Tim Hart, Broker
(Bozeman Broker Group)
Comments 0
On Tuesday, the City of Bozeman grappled with employing one of the more interesting real estate practices – eminent domain. Eminent domain is when a government body forcibly purchases private land from an individual for the overall benefit of the public. Eminent domain can be a very hot topic be...
By Tim Hart, Broker
(Bozeman Broker Group)
Comments 0
The Bozeman Public Library looked to expand its services by going mobile. In our modern world, going mobile usually means a new app or mobile website—but not this time. No, the library is actually going mobile by creating a vehicle to take books to local Bozeman residents. The focus of the new m...
By Tim Hart, Broker
(Bozeman Broker Group)
Comments 0
  The 78 year old Willson Auditorium will have some new swagger starting today. One of Bozeman’s biggest performance spaces, the auditorium had been out of commission while a 3.5 million dollar renovation that tackled everything from improved acoustics to a higher ceiling took place over the las...
By Tim Hart, Broker
(Bozeman Broker Group)
Comments 0
  According to the Department of Community Development’s Annual Report, Bozeman has seen a huge spike in building permits over the past two years. 639 single-family resident permits were filed in Bozeman in the last two years. That number is more than 2008 to 2011 combined. 40 duplex permits wer...
By Tim Hart, Broker
(Bozeman Broker Group)
Comments 0
A 54 million dollar bill to cover the costs of inflation for Montana public schools passed through the legislature this past week. The bill keeps the funding for Montana public schools at the same level as previous years, by adjusting for inflation. The state will increase education funds by 2.3...
By Tim Hart, Broker
(Bozeman Broker Group)
Comments 2
According to the National Association of Realtors (NAR), existing home sales fell 4.9% in January. Sales have not been so low since April of last year. The United States has added 1 million new jobs over the past 3 months, but the improvement in wages and labor has not had the impact on the hous...
By Taunya Fagan, Montana Real Estate: Bozeman Luxury Real Estate:
(PureWest Properties, Christie's Bozeman Real Estate)
Comments 1
Have you ever wondered, what are the boundaries of each of the Multiple Listing Service (MLS) zones, i.e., maps for indicating the areas for Bozeman Montana Real Estate Listings?  Need the Bozeman Real Estate MLS Map Link?   View Other Bozeman Homes For Sale   Taunya Fagan Christie's PureWest Boz...
By Tim Hart, Broker
(Bozeman Broker Group)
Comments 0
Two recent projects taking place in Bozeman have highlighted the city’s recent efforts to better address the health and safety of its residents. The Bozeman Police Foundation has spent nearly $6,000 to improve safety around Bozeman. One of the projects added flashing beacons to several crosswalk...
By Tim Hart, Broker
(Bozeman Broker Group)
Comments 0
Gallatin County has lead all Montana counties in economic growth in the past few years, according to a recent economic outlook presentation by the University of Montana. Already one of the fastest growing counties population wise, the county has seen growth in wages, tourism, manufacturing, ener...
By Tim Hart, Broker
(Bozeman Broker Group)
Comments 0
Two new downtown hotels are still right on track to open this summer in Bozeman. The Element Hotel by Westin will be moving into 25 East Mendenhall and the Lark Motel will be moving into 122 West Main. The Element Hotel is scheduled to open by the end of June. The Lark Motel plans on accepting r...
By Tim Hart, Broker
(Bozeman Broker Group)
Comments 0
I read a great article in the Bozeman Daily Chronicle today and I wanted to pass along some interesting numbers regarding rentals in the city limits of Bozeman compared to those outside of it. Long story short—it will be cheaper to rent outside of Bozeman compared to inside it. The numbers were ...
By Tim Hart, Broker
(Bozeman Broker Group)
Comments 1
In a report released by a local research group, Prospera Business Network, Bozeman is barely above the average cost of living of the national average in 2014. According to Prospera Business Network, Bozeman scored a 100.8 index cost of living score—or in other words, they were 0.8% above the ave...
By Howard Sumner, Your Real Estate Source, Your Results Solution!!
(Howard Sumner Real Estate)
Comments 1
http://www.realestatemontana.com/Blog/Market-Update-at-glance-January-2015 above a link to the complete article January 31st 2015  “Anomalies, within the market place” I think I will start Januarys market update with the same quote as Decembers, In the immortal words attributed to Yogi Berra "It'...
By Tim Hart, Broker
(Bozeman Broker Group)
Comments 0
  As Bozeman City Commisioners have discussed their priorities for the 2015 year, infrastructural improvements to the city has been high on the list in light of the city’s and surrounding area's growth. Bozeman has looked into upgrading their storm water utility system and enacted a few small ch...

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