Category Archives: Buying a Home

4th Quarter Montana Gardner Report

Highlights of the by Matthew Gardner, Chief Economist for Windermere Real Estate:
Homes Sales: ❱ During the final quarter of 2019, 760 homes sold, a drop of 4.7% compared to the same period a year ago.

❱ Similar to last quarter, total sales activity was a mixed bag: there were increases in five counties and declines in four. The largest annual increase was in Broadwater County, where sales were up more than 45%, though the increase was only five units. The largest decline in sales was in Gallatin County. read more

Short Sale & Foreclosure: How are they different?

As unfortunate as it can be when homeowners fall behind on mortgage payments and must face the possibility of losing their homes, short sales and foreclosures provide them options for moving on financially. The terms are often used interchangeably, but they’re actually quite different, with varying timelines and financial impact on the homeowner. Here’s a brief overview. read more

Gallatin County Annual Report 2018 Highlights

Residential Real Estate in Gallatin Valley

Here are a few highlights quoted from the latest report:

While the 2017 housing market was marked by renewed optimism fueled by stock market strength, higher wages and a competitive environment for home sales, 2018 delivered a more seasoned prudence toward residential real estate. Home buyers, now steeped in several years of rising prices and low inventory, became more selective in their purchase choices as housing affordability achieved a ten-year low. read more