Real Estate Landscape - Northwest Montana
Local and national updates worth noting
Pros and Cons of Buying New Construction in Today’s Market
You may have noticed an uptick in construction and newly built homes. But it’s not just a trend we’re seeing here in Northwest Montana. In fact, about one-third of single-family homes for sale today are newly constructed, a dramatic increase from pre-pandemic levels. Let’s dive into why new construction homes are dominating the market and […]
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4 Common Mistakes People Make When Securing a Mortgage Loan
There’s nothing like the moment when you’ve found your dream home. It’s easy to get caught up in the excitement and make moves to finalize everything as quickly as possible. And while timeliness is important, it can lead to mistakes that end up costing you thousands. Here are the four biggest mistakes people make when […]
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The Popularity of Real Estate as a Long-Term Investment
For 11 years running, real estate has consistently topped the list of preferred long-term investments in Gallup’s annual Economy and Personal Finance survey. Americans’ Perception of the Best Long-Term Investment This preference for real estate is driven by several factors: Tangible Asset: Unlike stocks or bonds, real estate is a tangible asset that you can […]
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43% of New Homeowners Are Struggling: Here’s Why (and How to Avoid It)
Buying a home is a major milestone, but it’s not always the right time for everyone. It’s important to remember that a home purchase is a long-term investment, and making this decision without proper financial planning can lead to significant stress. The truth is, knowing when not to buy a home is just as crucial […]
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Closing Costs, What Every Buyer Should Know
Before making the decision to buy a home, it’s important to plan for all the costs you’ll be responsible for. While you’re busy saving for the down payment, don’t forget you’ll want to prep for closing costs too. Here’s some helpful information on what those costs are and how much you should budget for them. What Are Closing […]
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Our Seller’s Market – Good for Your Bottom Line?
Thinking about selling your house and wondering if now’s a good time to do it? Here’s what you need to know. Even though the number of homes for sale has been growing this year, there still aren’t enough homes on the market for all the buyers who want to buy. So, what does that mean for you? To keep […]
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4 Tips for Your Strongest Offer on a Home
Are you thinking about buying a home soon? If so, you should know today’s market is competitive in many areas because the number of homes for sale is still low – and that’s leading to multiple-offer scenarios. And moving into the peak homebuying season this spring, this is only expected to ramp up more. Remember these four […]
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Mortgage Savings? Look to Your Seller!
Steep mortgage payments dampening your dreams of homeownership? A 2-1 buydown, plus a willing seller, could be your answer. What’s a 2-1 buydown? It’s a mortgage strategy that temporarily trims your interest rate during the early years of your loan, offering more manageable payments. It’s ideal for first-time homebuyers or those eyeing an income surge […]
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Taming the Blaze: Wildfire Mitigation in Northwest Montana
It’s a warm, dry summer in Northwest Montana, and the parched terrain is riddled with tinder just waiting for a spark. As beautiful as our region is, it is equally susceptible to wildfires. While the occurrence of these wildfires is an integral part of the ecosystem, their frequency and intensity have been on the rise […]
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