Almost mid-year numbers
By Brint Wahlberg, The Wahlberg Team
(Windermere Real Estate)
We're just a few weeks away from the mid-way point in our markets and Missoula (much like other areas around our region) has had a very strong second quarter so far. In fact when I prepared stats for the Missoula Organization of REALTORS(R) I knew the numbers would look good, however I didn't think they'd look this solid. Now with the info below you can take this two ways. On one side there's the lower/normal supply rates in many segments suggesting a healthy market (range of 3 to 9 months absorption rate). This is good for sellers and our market in general suggesting something we've not seen in almost 5 years. On the other hand for buyers, while rates remain stupid-low, opportunities and availability is dwindling. I can speak personally of a few clients who would make a move on...