Has the home price decline hit Bozeman? If the big cities in the US have hit bottom or are near bottom, how does Bozeman compare??
Having just spent two days in strategic planning meetings for the Gallatin Association of Realtors with the President elect of the National Association of Realtors as facilitator I can say that the general consensus is that values here have trended down somewhat, maybe as much as 15 percent. However, it appears that traffic has picked up, consumer confidence is improving and interest rates are at historic lows.
Regards,
Matthew Boone
Just like most markets in the nation, Bozeman has seen it's fair share of market decline. Bozeman is a lifestyle destination for many people, therefore it seems that although we have seen a drop, it has not been nearly to the extent as many other places. It is still an amazing place to live, and now it's even more affordable.
Have you talked to a local Realtor? If not, you should, they can help with getting the stats on the area you are asking about. If you need help finding a good Realtor, Please feel free to give me a call, we have a great referral program.
Tammy Jackson
Real Living HER
614-273-6435
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