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Bozeman, MT

Bozeman Ice Climbing Festival Hyalite Canyon Southwest Montana

Bozeman Montana Real Estate www.TaunyaFagan.com - Brett Fagan: Real Estate Agent in Bozeman, MT

Come be a part of the 15th Anniversary of the Bozeman Ice Festival, Thursday, December 10 through Sunday, December 13, 2009

With minus temperatures these past few days in December 2009, the 15th annual Bozeman Ice Climbing Festival should have stellar ice, and the temperatures have been rising, which should encourage even the faint-hearted. The first event, the Ice Breaker Pro Invitational Competition, takes place in Bozeman, Montana's Hyalite Canyon, Thursday December 10, 2009.

The Bozeman Ice Festival is a regional and international Bozeman, Montana ice climbing event, promoting ice climbing to everyone--all ages and abilities! Festival organizers encourage participants to learn the neccessary ice climbing skills and safe climbing techniques to enjoy this growing, exhilarating winter sport!

Practice honing your mixed-rock and ice climbing abilities at the Bozeman ice climbing festivities. Organizers will introduce new and old climbers to cutting-edge equipment, clothing and ice climbing gear, and, yes, Montana ice climbing techniques!

Occurs both in and around Bozeman (talks and slide shows) and in the Hyalite Mountains (one of North America's world-class ice climbing spots), which is but a 30-minute drive south of Bozeman, MT.

For More Information Email Bozeman Ice Festival Organizers, or go to Montana Alpine Guides - Bozeman Ice Climbing Festival.

Bozeman Airport Gallatin Field Expansion 2009

www.TaunyaFagan.com Bozeman Montana  Real Estate: Homes - Land - Ranches: Real Estate Agent in Bozeman, MT

Already in 2009, the number of people departing Bozeman Airport - Gallatin Field (BZN), Belgrade, Montana, has surpassed all previous records...

...so the present 28,000 sf, $30 million, Phase III expansion of the Gallatin Valley's airport, designed by Bozeman's Prugh and Lenon Architects, comes at the perfect time to accommodate the apt projection that Bozeman's yearly air traffic will continue increasing at the rate of 5 percent each year well into the next decade.

Gallatin Field Expansion Phase III Prugh and LenonGallatin Field, services Bozeman, Belgrade, Big Sky, and a good portion of the southwest Montana region. Presently, Montana's Gallatin Valley region continues to grow and, according to October 2009 figures, Gallatin Valley and Bozeman's unemployment hovers around 5.5%.

In 2008, two carriers into Bozeman, Allegiant Air and Frontier Airlines, increased the number of travelers to Bozeman and southwest Montana with their Las Vegas and Denver flights. Beginning Dec. 17, 2009 United begins seasonal non-stop service to San Francisco's International Airport (this seasonal service will end March 27, 2010.) United Express has also added a nonstop, service to Chicago's O'Hare International Airport (ORD).

Gallatin Field's constant flow of corporate and cargo planes, four air flight schools (including a helicopter flight school), and rising private jet traffic are what keeps Bozeman's regional airport, and a large number of Bozeman area residents, employed. Gallatin Airport employs over 400 people through almost 30 companies whose offices reside right at Gallatin Field.

According to the Gallatin Airport Authority, which oversees Bozeman's airport operations, the new expansion will add four gates to the existing five,  for a total of 9 gates, which will still leave additional space for future population growth in and increased tourism into the Bozeman region.

Question: Whose plane was the first and only 747 ever to land at Bozeman's Gallatin Field Airport?

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Residential Montana Real Estate Statistics 2009

www.TaunyaFagan.com Bozeman Montana  Real Estate: Homes - Land - Ranches: Real Estate Agent in Bozeman, MT

Builders of Residential Montana Real Estate...

And builders of homes in the rest of the Northwest region of the US in 2009 began building residential properties, including condominiums and town houses, at a rate of between 8 and 9 percent.

Fifty-nine percent of year 2009 home sales throughout the United States have been incumbent upon FHA, VA, or USDA home loan programs.

In the Northwest Region of the US the rate of the use of these government loan programs has been fifty-one percent:

1. Veteran's Administration (VA) loans, eleven percent.
2. Federal Housing Administration (FHA), thirty-four percent.
3. United States Department of Agriculture (USDA), six percent home financing programs

Throughout the United States in 2009, the use of one of these three government home mortgage loan programs was through a No-Equity high home Loan-To-Value (LTV) rate of between ninety-six and a half and one hundred percent, which basically means home buyers were able to secure a home loan almost equal to, or in some cases equal to or greater than, the home's value at the time of purchase. Some LTV loans surpass a home's assesed value by as much as 25 percent!

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Bozeman Real Estate Homes Sales Trending Up Third Quarter 2009

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According to the National Association of Realtors...

NAR says, so far in 2009, the trend is: First-time Home Buyers have pushed 45% of all US home sales.

In concert with this national trend upward in US home sales, which was 13.0% for existing home sales in the Western part of the United States, interest in the Bozeman, Montana Real Estate Residential Home Market, including interest in the Bozeman Luxury Real Estate Market, had been trending upward in the last few weeks of the third quarter of 2009.

Bozeman and the Surrounding Area's Sold Data For Years 2003 Through 2009 

Year # Homes Sold $ Total Sales Volume $ Average $ Median *DOM
           
2003 703 $185,483,838 $263,846 $217,000 69
2004 731 $225,186,403 $308,053 $257,500 64
2005 816 $295,215,066 $361,783 $300,000 62
2006 650 $280,571,095 $431,648 $340,851 62
2007 556 $233,759,262 $420,430 $327,250 83
2008 502 $206,974,405 $412,300 $308,850 108
2009 338 $113,569,803 $336,005 $271,500 115

* DOM: Days on Market

The Year 2009 Pending Bozeman Home Sales Breakdown Through September 2009:

  • Bozeman - 111
  • Belgrade - 42
  • Big Sky - 17

The total number of homes sold in 2009 in the Bozeman real estate market appears to be trending toward 2008's sold total but with a trend downward in Bozeman area home sales prices, which is good for Bozeman home buyers.

Good News Update: with the October 28, 2009 Congressional (Senate) action on the distinct possibility of extending the Home Buyer Tax Credit, Bozeman home sales for 2009 may end up being higher than the number of Bozeman homes sold in 2008. After Senate approval, the Bill would have to go to the House and on to President Obama, who, along with some key Democrats, is a bit reluctant to extend the tax credit because of the additional cost to tax payers.

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