The market in Bozeman has seen prices at a gradual decline of about a percent a month. This com paired to other cities and states is much less of a slip in value. Montana, especially Bozeman is not losing its appeal and beauty. Bozeman will always be a very desireable place to live no matter what the economy determines for us. with a real estate investment in Bozeman, you can enjoy the pure beauty of what we have to offer in Bozeman while you live in a great priced investment in the Gallatin Valley while the economy does what it will, with assurance that all markets recover and though we are in a down economy it is all part of the business cycle. For any further information please call me or check out our website! http://www.patrickresop.com

Ryan Resop
Bozeman Broker Group
Direct: 406.556.4544
Cell: 406.579.4348

I have experienced a slowing down of buyers making up their minds on what to buy. They are hearing about other areas of the country that are experiencing huge declines in the market values of homes. We not seen huge cuts in prices, just longer days on the market. There are some great deals out there today. I see some builders giving exciting incentives to buyers, like closing costs, an electric car, vacations, HOA dues paid for 5 years, etc...anything to make the deal close. Since the begining of the year, I truly have sensed a renewed energy in the market. For those out there with good credit and/or some money down this is the time to buy in Bozeman.

Slowed is a good word. Days on the Market are definitely increasing, and prices are adjusting. It is easier to see motivation on the seller' faces right now. I have looked at several other larger markets like Phoenix, AZ and Bozeman is not nearly as bad as that. It is a great time to be a buyer, and about time in Bozeman. Take advantage of the great interest rates. For the most part it just depends on what you are looking for.

Hard to say (not sure what you're comparing against) - it's definitely slowed down from the last couple of years here and I've heard realtors saying we've currently got about nine months of inventory on the market. Some folks have dropped prices, but they're still high compared to the rest of Montana.