Good news for the local real estate market! Residential inventory in the Bozeman/Belgrade area is down! Fewer available homes on the market is the first step towards home price stabilization. The Belgrade area shows the most promise as the August 2009 inventory level is lower than it was in August 2006.
This is a good sign that the local real estate market is headed towards recovery.
Stay tuned with www.eralandmark.com/marketwatch to see what September’s statistics reveal!
If you are interested in more Gallatin Valley Real Estate Market Graphs and Stats, simply contact us and we'd be happy to share our wealth of knowledge with you!
Montana State University and Bozeman, Montana
City population:
37,981
MSU student population: 12,369
University employees: 2,992
Metro
area small businesses: 4,357
Nearest major airport: Salt Lake City
International (340 miles)
For many, moving west means facing the Montana Compromise: You can live in one of the most beautiful areas of the country, but you'll have to write off any thoughts of a livable income. Bozeman and MSU are working to overcome that. The university, through its Center for Entrepreneurship for the New West, is tapping into the state's independent streak: Montana has one of the largest shares of small businesses and self-employed people in the nation. Since it was founded in 2001, the facility's students have provided 10,000 hours of consulting advice to 40 local companies, says center director Scott Bryant.
Read more.
Special Thanks to TechRanch, Montana State University & Entrepreneur Magazine.
National Geographic Adventure magazine has named Bozeman one of the three best cities in the United States for an adventurer to start a family.
In its October issue, which hit newsstands this week, the magazine cites Bozeman's hiking and biking trails, its proximity to ski resorts and Yellowstone National Park, highly ranked public school system and university culture as reasons why it makes a good backyard for kids and parents.
"Almost any neighborhood you live in, you can access a trail that can take you into state or public lands," Swithin McGrath said Thursday as she dropped her 11-year-old son Nick off for climbing lessons at Spire Climbing Center. "It's not like you have to get in your car and drive."
Despite a 27 percent increase in population since 2000, the National Geographic article states, Bozeman hasn't sacrificed its "self-sufficient, small-town past" or resorted to "gunslinger reenactments."
The article highlights the surrounding 1.8 million acres of Gallatin National Forest - where 2,200 miles of biking and hiking paths connect the Gallatin, Beartooth, Bridger and Madison ranges - and eight art and science museums within city limits. The lack of violent crime merited a mention, too.
Click here to read article from Bozeman Chronicle.
Click here to read original article from National Geographic Adventure Magazine.
Now more than ever, the old adage "you only get one chance to make a good first impression" rings especially true for real estate. With a larger than normal inventory available for buyers to chose from, sellers need to present their homes in the best possible light at all times. Of course the selling process begins with pricing the home properly based on its location, size, and condition. The next phase is to critically assess and evaluate a home's "showability" to get it into showing condition and ready for potential buyers.
Research has shown that 78% of a buyer's assessment of a home to purchase will take place before they even see it due to the location of the property and whether the home's size meets their needs. After that, the rest of the decision making takes place in the first seven seconds of actually seeing a home. Clearly, taking the time before the home goes "on the market" to make it stand out is worth the time and a small investment. An important first step for sellers to take is to mentally shift from viewing the property as their home full of memories to a commodity that is for sale. It needs to be treated as any other item that you would market to the general public by highlighting the strong points in order to get the most money for it. By removing some of the emotion tied to the home, it is easier for sellers to realize that a buyer will either like the home or they won't, but it doesn't reflect on the owner's own taste.
Read full article: http://www.eralandmark.com/stories/livingston/make-lasting-first-impression
Robyn Erlenbush
CRS, GRI, CRB, Broker Owner
Phone: (406) 586-1321
Send me an email
Denise Andres is ranked #1 in Montana for real estate sales based on Total Closed Production Volume through August 2009 by global residential real estate leader ERA Franchise Systems, Inc. Andres' outstanding effort to provide the best service possible also ranks her as 23rd in the nation for among over 33,000 ERA Associates.
As a Sales Associate with ERA Landmark for over 12 years, Denise has earned many distinguished awards including the ERA National Leaders' Circle each consecutive year since 1999, "1st in Customer Satisfaction" national awards from ERA Franchise System, and Gallatin Association of REALTORS® Salesperson of the Year 2001. Andres also holds the ABR, CRS, GRI and GREEN designations, which provide her with the best sales tools in the industry.
Denise Andres
MBA, CRS, GRI, ABR, GREEN - Sales Associate
Phone: (406) 556-5065
Send me an email
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved