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Industry Observer - Howard Sumner Consulting
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Market up date at Glance through October 2012 Solid gains in price movement, closed sales, pending sales and reduction in inventory. So as I look at the numbers below the question comes to mind has the mix of sales affected the sales price and if so why. The short answer is yes it becomes most se...
AS THE ECONOMIC CYCLE CHANGES, THE QUESTION COMES TO MIND, HOW  ARE WE DOING AS COMPARED TO PAST YEARS PERFORMANCE , HOW FAR CAN  HOME SALES AND RESIDENTIAL BUILDING RUN Since 2006 which was the peak in residential sales and 2003 was the peak in permits for new construction we have been in a wild...
Lending institutions are require to report activity under “HMDA” this does not of course cover all activity within the market place, yet produces some interesting information to ponder 2005  you had 11,672,852 loan applications  versus 7,382,012 loans received or a  63% success rate for completin...
  I asked myself since the year 2000, twelve years ago, does it cost more to buy a home now in Yellowstone County. Several things influence the answer to that question, the absolute price of the home, the taxes and insurance, the interest rate, and inflation since that time and wages.  I went bac...
intersting information from the labor bueara comparing the spending patterns of owenrs and renters
  Always in the year of first upward movement from a decline you see what appears to outsized gains in a percentages rise, and that is what you see in permits, in sales, and the total of single family combined with multifamily permits, yet to give a little perspective, on a national basis it is e...
1336 Concord Drive Uniquely Ideal! PROPERTY DETAILS $142,500 LISTING INFORMATION Bedrooms: 2Full Baths: 1Partial Baths: 0Sq ft: 912Lot Size: 6600 sq. ft.Style: CottageGarage: 1 Car+Heat Source: GasTaxes: $1291.00 PROPERTY DESCRIPTION This home is too good to miss! You will enjoy the warm and cha...
  Market at a glance September 2012   We are now three quarters through the year and the good numbers continue to roll through the housing market here in Yellowstone Count, Inventory lower by 26%, pending sales up by 26%, closed sales up by 19%, new home permits up 81% all outstanding performance...
623 Avenue B Great Living Indoors Or Out! PROPERTY DETAILS $168,900 LISTING INFORMATION Bedrooms: 4Full Baths: 2Partial Baths: 0Sq ft: 2400Lot Size: 7000 sq. ft.Style: CottageGarage: 2 Car+Heat Source: GasTaxes: $1734.00 PROPERTY DESCRIPTION Numerous amenities abound in this charming home with m...


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