The City of Bozeman approved 447 new commercial construction projects—200 more permits than the previous year—highlighting Bozeman’s recent growth on the west end.City officials confirmed that the west side of town has been the fastest growing and seen the highest rate change in population growth
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09/09/2015
Delinquent mortgages continue to fall across the United States, providing great news to a recovering housing market. Delinquent mortgages are mortgages with an outstanding bill for payments due. Delinquent mortgages are a great way to gauge the housing market’s health as well as the financial hea
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09/08/2015
Story Mill Park is one step closer to becoming one of Bozeman’s biggest, best public parks after receiving a $75,000 grant from Wells Fargo Bank. Crews began work on the 55 acre park late last year and have been working on clearing buildings and opening the space need to transform the area into p
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09/04/2015
I read a great article in the Bozeman Daily Chronicle about how Whitehall, Montana has attacked their affordable housing situation and how Bozeman might be able to use some of these strategies locally. Whitehall is a small town about an hour away from Bozeman and a little outside of Butte. Whiteh
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09/03/2015
According to some new figures released by Freddie Mac, the United States Housing market now may be the strongest it has been in years. Judging by their Multi-Indicator Market Index, it’s hard to disagree. The MiMi, as its called, suggests that our housing market has improved by 35% in comparison
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09/02/2015
Homeowner’s looked to take advantage of low mortgage rates in late August and their attempts to refinance their loan helped raise total mortgage applications by 3.6 percent. Mortgage applications were 18% over numbers seen from a year ago.As rates have dropped, homeowners have tried to take advan
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09/01/2015
Transactions consisting of only cash have now hit their lowest share since 2009. In June 2015, all cash sales accounted for 22% of all existing home sale transactions. In June of 2014, all cash sales were at 32 percent. Existing home sales continue to rise so many buyers have turned to financing
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08/31/2015
After a volatile July, loan interest rates have stayed below 4% for the 5th consecutive week. This week, the 30-year fixed-rate mortgage averaged 3.93%, just a tick below last week’s 3.94% average. Movement has been relatively small over this time period, but buyers will want to stay in the loop
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08/28/2015
Mid-tier and low-tier apartments for rent have grown more and more scarce as developers continue to build a higher percentage of luxury rental apartments across the United States.Despite the multi-family construction rate maintaining its high levels, most of these homes, 80% in fact, have been bu
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08/27/2015
Building across the US remained strong with single family housing starts increasing, while multi family starts leveled off from a an exceptional month of June.Single-family start-ups increased 13% from June and have now topped an annualized rate last seen in January 2008. The total number of sing
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08/26/2015