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Article by Seth Murphy
Becoming an investor is a good way to generate passive income, and the real estate market is one of the best ways for you to get started in the world of investing. However, investing is risky because there is always a chance of losing your money if the market crashes or you put more money into the project than it is worth. Use these five tips from C & C Real Estate Services to become a successful first-time investor in the real estate market.
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Here is our year over year market report for 2022. There was a major shift in the market in this mid term election year and a major factor was due to Federal Reserve action to stem the inflationary trend in the economy. Every mid term year I have observed the market slowing down in about August. This year was no exception and it seemed things cooled off in about July of 2022. Additionally, mortgage interest rates are currently about twice as much as they were at the start of 2022. This m...
First Half 2022 Bitterroot Valley Market Report
The market has turned!!! Not a 180 degrees but it certainly has changed over the last two or three months. Let's take a look at the market through the first half of the year for Ravalli County.
Brought to you by Craig & Char Siphers . First Quarter Market Report
The first quarter of 2022 has not shown much, if any, show down except for perhaps continued lack of inventory has impacted total volume. Here is the review of the first quarter of 2022 by the numbers. According to the Montana Regional Multiple Listing System there were 2 condos sold in 2021 first quarter and 6 sold in 2022, for a 200% incre...
2021 continued to be a sellers market. Here is the review of 2021 by the numbers. According to the Montana Regional Multiple Listing System there were 18 condos sold in 2020 and 13 sold in 2021, down 21% year over year. The reason you'll see is that most developers are going with townhouses vs. condos because of financing. Financing condos, where you do not own the ground but only to the interior walls, is more difficult. We see many of these selling for cash to avoid the financing diffi...
First Quarter 2021 Ravalli County Real Estate Market Report
The Bitterroot real estate market continues on a tear but as we'll see in the statistics, things may be cooling off in terms of number of units sold simply because people cannot find anything to buy and those that are currently in a property don't know if they could get a replacement. Here are the first quarter results as compared to last year. Rather than go into fine detail across the market, we are looking at just the single family...- 1
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