The average home in Billings, Montana, now costs around $385,000, and in the view of Damian Forrester, who leads Forrester Group Real Estate, brokered by eXp Realty of Montana, a buyer needs something close to two household incomes to purchase one. New construction starts around $450,000 and climbs from there, putting it out of reach ...
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Latest Montana Real Estate News
Missoula’s real estate market has more inventory than it has had in five years, yet correctly priced homes are still selling within a week, sometimes with multiple offers. The gap between those outcomes and the listings that sit for months comes down to a single variable that has nothing to do with interest rates, staging, ...
The story of people leaving big cities for Montana took hold during the early 2020s and became familiar shorthand for a certain kind of relocation. What is less understood from outside the state is that the profile of who is arriving in Whitefish has continued to change even as the headline narrative has stayed the ...
The pandemic-era real estate frenzy that swept mountain and resort communities across the American West has largely subsided, and markets like Whitefish, Montana, are now navigating a more measured reality. After years of rapid price appreciation, multiple-offer situations, and record-low days on market, buyers and sellers in Flathead County are recalibrating expectations on both sides ...
The pace of real estate in Western Montana has slowed noticeably after years of rapid sales and bidding wars. Homes and land that once sold within days are now lingering on the market, sellers are more open to negotiation, and buyers finally have the leverage to make careful decisions. For anyone waiting to buy rural ...
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Browse Montana real estate news market by market. Jump into any town for first-hand local reporting from the verified agents, lenders, and operators working there.
Real Estate News Beyond Montana
The best local real estate news from other markets across the KeyCrew network.
Borrowers shopping for a mortgage tend to compare interest rates first, treating the lowest number as the best deal. But that instinct can backfire when a lower rate requires thousands of dollars in upfront fees to secure – fees that many homeowners never recoup before they sell. Sam Verma, who founded Cohivra, Inc., a mortgage ...
Tracy, California, has built its housing market on a simple bargain: drive an hour to a Bay Area job, get twice the house for half the price. But that bargain is under pressure. Interest rates have climbed, the broader economy has softened, and the rising cost of gasoline and diesel has made long commutes harder ...
Buyers evaluate a home based on what exists right now – the school down the road, the fire station response time, the condition of the nearest interchange. But in fast-growing small counties, what the local government is building today may matter more to long-term property values than anything visible on a drive-through. In New Kent ...
In a city where home values climbed sharply during the pandemic, some Austin agents are now telling sellers to stay off the market. The advice runs against the industry’s transactional incentives, but the logic is direct: in several Austin price ranges, the buyer pool has thinned enough that listing now risks closing below purchase price. ...
A self-employed borrower whose business deposits fifty thousand dollars a month can look, on a conventional mortgage application, like someone earning three thousand. That gap between actual cash flow and qualifying income is pushing business owners in the Chicago area out of the mortgage market entirely – not because they lack the money, but because ...
The path to a first home in the Dallas-Fort Worth suburbs has always required compromise. But the gap between what younger buyers want and what they can actually afford has stretched to a point where many are simply not buying, according to Karen Wydra, a 25-year residential agent with Ebby Halliday working the Garland and ...
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