When Will Home Prices Come Down?

Posted by Tamara Williams on August 4th, 2022

As the market continues to shift, more and more questions are being asked about how home prices will behave in the coming months. Will home prices continue to rise, or will they finally start to come down? If you’ve been interested in selling your home and/or buying a new one but have been intimidated by the fast-moving market, you’re in the right place. This post will explore real estate market conditions and when we may start to see home prices drop.

Rising Interest Rates: What They Mean for the Real Estate Market

The cost of buying a home skyrocketed by more than 20% across the country in April of this year compared to last year. In some cities, that number was even higher, including:

• 34.8% in Tampa
• 32.4% in…

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What to consider when you are “just looking”

Posted by Tamara Williams on June 10th, 2021

Just looking? These 7 Home Features Should Be On Your Radar

When you are dreaming of moving to a new home but not yet ready to make the leap into your future, it’s a good idea to consider the details of what that future life will look like. As you get closer to starting the process, you should have a well-rounded idea of your wants and needs for that home. Setting expectations for yourself ahead of time will help you narrow down the search once you are ready to take the leap to purchase a new home. 

So, what will your life in your new home be like? Here are 7 features to kickstart your imagination.

Budget First

Before you start looking, have an ideal price range in mind so you do not end up falling in love with a home you cannot afford.…

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Contingent vs. Under Contract vs. Pending Defined

Posted by Tamara Williams on June 2nd, 2021

Contingent vs. Under Contract vs. Pending

Think back to the last time you were searching for homes. If you're actively working to find a home, that may have been just a few minutes ago.

Chances are you saw terms while searching that you may or may not know the true meaning of. That can be frustrating, especially if you've found a home you love and it's marked "under contract." And if you're thinking about selling, you're probably wondering what all the different stages are between accepting an offer and handing over the keys. This post walks through the three terms you're most likely to run into, with examples from deals we see here in Bozeman every week.

Check out our YouTube video, which covers these terms in more detail:

What Does…

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Want to Know The Best Time to Buy or Sell Your Luxury Home?

Posted by Tamara Williams on March 15th, 2019

I have broken down the numbers over a 5 year period.  I calculated anything over $800,000 in Bozeman City Limits. I went the extra step and broke the numbers down by quarter so you can decide when you should buy or sell your luxury home in Bozeman city limits.

• Quarter 2 and Quarter 3 have the most home sales
• Quarter 4 has the highest sales price but the fewest units sold

Please note I did not post 2014 as mentioned in the video.  I can tell you there were a total of 4 sales of $800,000.  Two homes sold in Jan and March with sales prices averaging $846,500.  One sale took place in June, averaging $800,000. The final sale took place in December and averaged $1,075,000.

If you have any questions about this post please call me…

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