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Content by Seith Murphy
Starting a business is one of the most exciting and challenging endeavors one can embark on. However, it comes with its own set of challenges, especially if your current space is not big enough for both living and remote working. It can be overwhelming and stressful to pack up, move, and start a business all at the same time. But don't worry, with a little planning and organization, it is possible to manage both. Today, EXIT Realty Bitterroot Valley will...
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.
Char and Mom at her 90th Birthday Celebration Summer of 2013My Mom was born in January of 1923 and what a classy lady she was. This is a picture of her with Char in the summer of her 90th year. Mom was blessed with great health. She did have heart disease but was paced since she was in her mid 80's. Essentially she had an extra 10 years with us because of that technology. She did go into an independent living facility in May of 2017. She then had some issues that...
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...
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