The Housing Market is Split

Posted by Tamara Williams on November 2nd, 2023

The Housing Market Is Split. Here’s Why.

The real estate market continues to make national headlines, but what happens when your experience doesn’t seem to match up with what you’re hearing in the news? If you’ve been experiencing any confusion about the real estate market in the last year, you’re not alone. It’s because the U.S. is in what’s called a bifurcated market, or a split market. Check it out.

What is a bifurcated market?

In the context of real estate, a bifurcated market refers to a situation where the housing market is divided into two distinct segments, each behaving differently in terms of pricing, supply and demand, and activity. While one segment may be experiencing rapid price growth and high…

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Bozeman City Limits Fall Real Estate Market Report

Posted by Tamara Williams on September 26th, 2023

Your Bozeman City Limits Fall Real Estate Update

by Tamara Williams & Company

As we sip on pumpkin spice lattes and watch the leaves turn fiery hues, it's the perfect time to dive into the autumn real estate scene within our beloved Bozeman City Limits. As your local real estate experts, we're here to chat about some juicy real estate stats and trends to keep you in the know as we cozy up to fall.

Bozeman City Limits Real Estate Snapshot - September 2023

- Median Sales Price: $947,500
- Closed Sales: 22
- Median Days on Market: 13
- New Listings: 57
- End of Month Inventory: 104

... These statistics at first glance are not enough, so, we went ahead and did some extra deep digging for you. We understand that the market is far more…

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Housing Inflation is Slowing, What's Next For Mortgage Rates?

Posted by Tamara Williams on August 16th, 2023

Housing Inflation Is Slowing. What’s Next for Mortgage Rates?

With inflation and the housing market dominating economic headlines, it’s important to understand how they go hand-in-hand. When the rate of inflation is too high, the Federal Reserve takes action by raising the key interest rate. As a result, borrowing money becomes more expensive—and interest rates on things like car loans, credit cards, and mortgages go up. This does usually have the effect of driving inflation down, but it can also impact different markets, industries, and even the entire economy.

Right now, the Fed is hoping to direct the U.S. to a “soft landing,” in which inflation and growth slow, but the economy as a whole avoids a recession.…

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August 2023 Bozeman Real Estate Market Report

Posted by Tamara Williams on August 9th, 2023

What Would a Recession Mean for Real Estate in 2023?

Many fear a recession in 2023—but is one inevitable? Let’s break it down. But first...

Here is your monthly Bozeman, Montana real estate market report!

We want to help you make informed decisions as home buyers or sellers. I and my team want to showcase the insights we see in the market and take the guesswork out of selling your home & buying your dream home! We pride ourselves on being the Best Bozeman Realtors. We are your expert, trusted source for the latest updates on the Bozeman, Montana real estate market, and economic developments. 

CURRENT MARKET SNAPSHOT:

Overall, the Bozeman real estate market is chugging along, offering exciting…

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Home Price Predictions From Experts

Posted by Tamara Williams on August 8th, 2023

Mid-Year Home Price Predictions from the Experts

Last week, the Fed announced that it would lift its pause on interest rate hikes, raising rates by 25 basis points (0.25%). The current rate is the highest it’s been since March 2001. This move is a further attempt at directing the economy toward a “soft landing,” or a gradual slowdown that curbs inflation while avoiding a full-blown recession. 

Because homebuyer activity is tied to mortgage rates, this development could have a significant impact on the housing market in the United States. Buyers are still struggling with affordability, which drives demand down. That means home prices should come down too, right? Not quite—and the reason is low…

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Bozeman City Limits Houses For Sale

Posted by Tamara Williams on July 18th, 2023

There is a ton of inventory in this everchanging market. 

That being said, we post the Bozeman real estate market report on our social media every Monday!

Now, check out the homes currently for sale within the Bozeman city limits:

Interested in Buying or Selling?

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June 2023 Bozeman Real Estate Market Report

Posted by Tamara Williams on June 12th, 2023

Bozeman's Housing Market: Navigating the Bozeman Montana Real Estate Market

With the ever-changing Bozeman market, we figured a market report would be useful!

So, when is the best time to Buy or Sell in Bozeman, Montana?

As a Montana expert Realtor, I am here to provide you with valuable insights that will help you make informed decisions as home buyers or sellers. I and my team want to be transparent with the trends we see in the market and take the guesswork out of selling your home & buying your dream home! We pride ourselves on being experts, and your trusted source for the latest updates on the Bozeman, Montana real estate market. 

Current Market Snapshot:

Here are the key market statistics that showcase the current Bozeman real…

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What the Experts Are Saying About the 2023 Housing Market

Posted by Tamara Williams on March 3rd, 2023

WHAT EXPERTS ARE SAYING ABOUT THE 2023 HOUSING MARKET

If you’re considering buying or selling a home in 2023, you are likely wondering what you can expect from the housing market this year. 

In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace of home sales, and moderated home prices. According to a recent LendingTree report, “41% of Americans say they now fear a housing crash in the next year” (Realtor Magazine). 

Many homeowners still hold dark memories of the 2008 housing crash when property values buckled and foreclosures peaked. While the memory of a sudden catastrophe at a time when the real estate market had been riding high brings up valid reasons for concern,…

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2023 Real Estate Market Update

Posted by Tamara Williams on January 13th, 2023

ADDITIONAL RESOURCES

• Bozeman Real Estate
• Bozeman Subdivisions
• Belgrade Subdivisions
• Bozeman School Districts
• Luxury Homes
• Bozeman Dining
• Contingent vs Under Contract
• Log Homes
• Bozeman Gyms

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6 Things Sellers Need to Know Today that Weren't True Last Year

Posted by Tamara Williams on August 18th, 2022

The housing market has been a seller's market throughout the pandemic, but is this still the case? The current trends are pointing towards an end to the real estate market conditions that created a bonanza for sellers. Many issues created a high-pressure market environment severely skewed in favor of sellers. From sky-high home prices, intense competition between buyers, and tactical play from sellers waiting for the right moment to put their homes for sale. 

It's worth saying outright: things are changing, and there are things home sellers need to be aware of today that weren't true last year. Here's what they are:

1. Home prices growth is returning to pre-pandemic levels

This is not the same as saying home prices are…

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