If you need assistance, please call 406-585-0000

  • Real Estate Information | Real Estate News, Reports, & Advice Blog

    Friday, November 17, 2017   /   by Olivia Martin

    Home Prices and Growth: What’s Going On?

    What Does Growth Look Like Around the U.S.?
    It comes as no surprise to many of us that owning a home can be an expensive venture. Factor in HOA fees, interior appliances/materials, miscellaneous maintenance costs and everything in between, and it’s easy to see why being a homeowner can appear to be daunting to some.
    Although home prices grew 5.6% last year, this is only determined when comparing dollars to dollars. If this statistic is adjusted for inflation, this increase is still actually 15% below the high that occurred in 2006. Of the country’s 100 largest metro areas, only 41 grew to new peaks, even though 97 of these 100 metro areas did see overall home price growth. Overall, housing markets on both the West and East coasts have experienced inflation-adjusted home price increases of more than 40% in the last 16 years, while markets in the Midwest and South have generally experienced decreases.
    However, growth has not been the same across all income levels. After Ha ...

    Read More


      bozeman, montana, bozeman real estate, bozeman growth, bozeman real estate news, bozeman real estate information, bozeman information, real estate news, us housing market, home values, home values and inventory, housing market, bozeman houses, home inventory, united states housing market, bozeman housing market, bozeman real estate market, local news, bozeman economy, united states real estate market, bozeman cost of living, real estate terms, bozeman market report, real estate stats

    Thursday, October 26, 2017   /   by Olivia Martin

    Long-Debated Black-Olive Project Gets Approved By City Commissioners

    In September of 2016, the Black-Olive project was first presented to Bozeman City Commissioners as a 5-story building that would feature 56 apartments, as well as commercial business space on the ground floor and 37 on-site parking spaces. Many neighboring residents spoke out at both public meetings and on Facebook’s “Save Bozeman” page to express their concerns that the contemporary building would ruin Bozeman’s small-town charm and negatively impact street parking.
    On April 11th of this year, this proposal was denied with a 4-1 vote, although it was stated that developer Andy Holloran intended to modify the design and resubmit his proposal for later review. Fast forward to last week— the Black-Olive development was APPROVED after more than a year of discussions, meetings and revised design plans, ironically with a 4-1 vote. The project will include demolition of the two-story building currently located at 202 S. Black Ave.
    What Else?
    The new design ha ...

    Read More


      bozeman, montana, bozeman real estate, bozeman growth, living in bozeman, bozeman planning, bozeman real estate news, bozeman real estate information, about bozeman, bozeman information

    Friday, October 6, 2017   /   by Olivia Martin

    Big Sky Town Center: Expansion & Affordable Housing Update

    In July, Big Sky developers and CrossHarbor Capital Partners (the investment firm involved in Big Sky’s development) announced the opening of a handful of new businesses, as well as the groundbreaking of the first chain hotel in the area. The Wilson Hotel, a Marriott Residence Inn, is being constructed to the east of the newly built Town Center and will feature 129 rooms, a full-service restaurant and a fitness center/pool area.


    Fast forward a few months to today— Lone Mountain Land Company (LMLC) has announced construction on another new building in the Town Center—the Plaza Lofts development. It will house five new businesses, including a sushi restaurant, wine bar and a boutique shop, as well as 22 apartments with one-bedroom, two-bedroom and 4-bedroom floorplans. The completion date for this project is set at the start of the 2018 ski season, around the same time as the above-mentioned hotel.
     
    Artist’s Rendition of the Plaza Lofts development ...

    Read More


      montana, real estate news, home values, home values and inventory, housing market, real estate information, local news, bozeman tourism, real estate, gallatin county economy, montana tourism, current events, montana economy, gallatin county real estate, affordable housing, big sky housing, big sky real estate, bozeman skiing, gallatin county real estate market

    Monday, September 18, 2017   /   by Olivia Martin

    Belgrade Expands and Prepares for Future Growth

    In 2010, Belgrade had around 7,389 residents; as of last year, that number has grown to 8,254— a 10.5% population increase in just six years, and probably even more now that we’re in the 3rd quarter of 2017. Many of these residents were priced out of the market when looking to purchase a home in Bozeman city limits.
    In a report released by Prospera Business Network, the average price for a 2,400 square-foot home in Bozeman on an 8,000 square-foot lot was $367,241. In Belgrade, the average price for a single-family home is $291,382. At the beginning of the summer, the price was about $260,000.
    What Preparations Are Being Made For This Growth?
    Plans to improve downtown, alleviate the city’s transportation problems and buy more land to build additional schools are already underway.

    The Belgrade City Council is creating a special tax district downtown, with its purpose being to produce a new revenue stream to finance this project (among other infrastructure upgrad ...

    Read More


      montana, bozeman real estate information, local news, schools information, gallatin county economy, montana school information, belgrade, belgrade montana planning, belgrade real estate, current events, montana economy, belgrade montana, belgrade city council, belgrade high school, belgrade montana real estate, belgrade montana school information, belgrade montana schools, belgrade schools, gallatin county commission, second high school bozeman montana

    Wednesday, September 13, 2017   /   by Olivia Martin

    New Short-Term Rental Rules Adopted in Bozeman City Limits

    Bozeman City Commissioners adopted an ordinance on September 11th that includes new rules and regulations for the estimated 500-550 short-term rentals in Bozeman through platforms including Airbnb, VRBO and Homeaway. A short-term rental (STR) is defined as the rental of rooms or dwellings to paying guests anywhere from 1 to 29 days.
    What’s the Gist?
    This ordinance was adopted with a 3-2 vote by city commissioners—commissioners also passed the new fees that homeowners will pay in order to continue using their property as an STR. There is now an annual $250 registration fee, in addition to a one-time fire inspection fee of $225. In addition, some homeowners may find themselves paying an administrative conditional use permit of $1,508. Commissioner Chris Mehl states that there may be adjustments to these fees in the future, as the city commissioners will have the chance to look at and assess the fees every year.
    What Else? 
    The new fees will be used to balance the pr ...

    Read More


      bozeman, montana, bozeman real estate, bozeman growth, bozeman planning, living in bozeman, bozeman real estate news, bozeman real estate information, about bozeman, bozeman homes, real estate news, bozeman information, real estate information, bozeman economy, bozeman tourism, businesses in bozeman, local news, bozeman city commission, real estate, short term rentals, city ordinances