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

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Industry Observer - Howard Sumner Consulting
RECENT BLOG POSTS
http://www.realestatemontana.com/Blog/Market-Update-at-glance-May-2015 “Inventory Shortage and other Myths” Mays market update starts with discussion of a comment both locally and nationally that there is a “shortage “of inventory.  Actually though when you look at activity in the market place it...
06/10/2015
http://www.realestatemontana.com/blog/Market-update-at-glance-april-2015 April 30th 2015  “Spring has sprung and the sprung has the market Jumping” April’s market update starts with a saying I believe most would be familiar, about flowers coming to bloom as sign of renewal and growth.  Actually t...
05/09/2015
   March 31th 2015  “Oh what difference weather and interest rate makes, within the market place” I think I will start March’s market update with an analogy to the college basketball events that occur every year and that is “March Madness” only we do not end up with a final four. I do think “Marc...
04/11/2015
  Market update at glance   February 28th 2015    “Oh what difference weather and interest rate makes, within the market place”   I think I will start Februarys market update with the quote from an ad on television I remember as I was growing up from alka sizzler,” plop, plop, fizz, fizz Oh what ...
03/15/2015
http://www.realestatemontana.com/Blog/Market-Update-at-glance-January-2015 above a link to the complete article January 31st 2015  “Anomalies, within the market place” I think I will start Januarys market update with the same quote as Decembers, In the immortal words attributed to Yogi Berra "It'...
02/15/2015
Market update      “Looking back, Looking forward”   In the immortal words attributed to Yogi Berra "It's Hard to Make Predictions, Especially about the Future". I think that best describes 2015 Market.  At the end of the 1st half  2014, closed sales down -6%, pending sales down -12%, inventory u...
01/17/2015
  November 30th 2014    “Eleven Months Down, one to go”   In the immortal words of the Grateful Dead “what a long strange trip it has been”. I think that best describes 2014 Market. At the end of the 1st quarter 2014, closed sales down -13%, pending sales -1%, inventory up 4%, and interest rates ...
12/17/2014
Market update at glance October 31st 2014  “Don’t bet against the Fed’s Printing Money” A comment about the title, since 2008 the Federal Reserve has accumulated approximately 1.7 trillion dollars in Mortgage back securities. This October they indicated any principal received would be reinvested ...
11/12/2014
The Eternal Questions of Real Estate #1 How much is my home worth? #2 Should I refinance? #3 Is now a good time buy? #4 Will it pay me to do this _ _ _ _ _ Remodel Project? My standard answers are it depends. What follows is both factual information and guidance to try and sort through the proper...
11/07/2014
Since low inflation has been in the news lately, mainly in reference to increasing social security payments for 2014. An increase caused by inflation of 1.7% is due on the January 2015 checks. Thought it might be interesting to look at the interest rates and housing costs plotted against the cons...
10/30/2014
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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