Montana Realtor Blog, Real Estate Market Information Billings, Montana, Yellowstone county

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Industry Observer - Howard Sumner Consulting
RECENT BLOG POSTS
14 Marshall Drive Economical Starter Home! PROPERTY DETAILS $109,500 LISTING INFORMATION MLS: 221127Bedrooms: 3Full Baths: 1Partial Baths: 0Sq ft: 1120Lot Size: 7410 sq. ft.Style: RanchHeat Source: GasTaxes: $1141.00 PROPERTY DESCRIPTION This centrally located home is a great way to start your e...
04/05/2012
To start I thought it might be useful to give some context to new construction as compared to other industries or measures we might look at and where the other bench marks or measurements would be if they had “recovered” as much as new construction. I use the percentage drop of new construction f...
03/23/2012
A little perspective is always a good thing to try and sort reality from fiction. Right now nationally resale’s of existing homes are running in the 4.8 million category that is with interest rates that make it pretty close as cheap to own as it is to rent. The second is, news on the foreclosure ...
03/21/2012
HERE WE ARE ROARING THROUGH 2012. TWO MONTHS GONE AND TWO MONTHS OF WINTER WITH JUST SOME COOL WEATHER, NOTHING LIKE THE LAST TWO WINTERS IN TERMS OF SNOW.  INTEREST RATES ABOUT AT 3.89% FOR A 30 YEAR FIXED RATE MORTGAGE, 20% BELOW LAST YEAR AT THIS TIME; THOSE TWO THINGS COMBINED ARE SHOWING UP ...
03/06/2012
204 & 206 Calhoun Lane Super Outstanding Value PROPERTY DETAILS $179,204 LISTING INFORMATION Bedrooms: 4Full Baths: 1Partial Baths: 0Sq ft: 2490Lot Size: 18533Style: 2 storyHeat Source: GasTaxes: $1692.00 PROPERTY DESCRIPTION Searching for value in an investment property? Here it is! You won't w...
03/05/2012
table width="100%" style="font-family:arial" cellpadding="10"> 5406 Quarry Stone Avenue Everything A Family Needs! PROPERTY DETAILS $268,750 LISTING INFORMATION Bedrooms: 5Full Baths: 3Partial Baths: 0Sq ft: 3036Lot Size: 7892 Sq. Ft.Style: Split EntryGarage: 2 CarHeat Source: GasTaxes: $2781.00 ...
02/27/2012
311 Annandale Road Enjoy A Sophisticated Lifestyle PROPERTY DETAILS $268,900 LISTING INFORMATION Bedrooms: 3Full Baths: 2Partial Baths: 0Sq ft: 3176Lot Size: 10283 sq. ft.Style: RanchGarage: 3 CarHeat Source: GasTaxes: $2254.00 PROPERTY DESCRIPTION This creative floor plan delivers everything yo...
02/27/2012
When reviewing the information about new construction whether permits, starts, or sales, if as many talking heads profess, that housing is “recovering” why are all categories 52 to 59% off the fifty year averages and down 72 to 76% from the peaks. And construction employment has dropped from 8,04...
01/30/2012
2011 END OF THE YEAR REPORT THE GOOD, THE BAD, THE DIRECTION MY FIRST COMMENT ABOUT 2011 IS, I AM GLAD IT IS IN TH REAR VIEW MIRROR. MY BELIEF IS 2011 GOES INTO THE RECORD BOOKS AS THE LOW POINT IN REAL ESTATE UNIT SALES AND MOST PROBABLY PRICING IN THIS REAL CYCLE IN YELLOWSTONE COUNTY. THAT BEI...
01/10/2012
Here is the headline from yahoo financial news Housing Starts Surge to 1.5 Year High, Futures Rally Here are the actual numbers--- whom is trying to sell what to whom ? ---- swamp land comes to mind       FOR IMMEDIATE RELEASE TUESDAY, DECEMBER 20, 2011 AT 8:30 A.M. EST   actual total for year pe...
12/20/2011
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The Most Current Information on the Real Estate Market in Billings Montana From a Top Performing Realtor, in Billings Montana, Yellowstone County