Despite being one of the strongest areas in U.S. home value stability, Montana saw home prices decline during the real estate collapse, but record low mortgage rates are driving the state that claims the title as Big Sky Country to recover from the downturn and is forecast to see additional gains the remainder of the… Continue reading 2012 Montana Housing Market
Category: Montana
Montana housing market
Mortgage Defaults Surge Higher
By Kevin Chiu Mortgage defaults, the first step homeowners face in the foreclosure process, surged higher during the month of June demonstrating an increase in future anticipated foreclosures growing at the fastest rate in more than a year, according to Lender Processing Services, a real estate data supplier which tracks defaults. The surge in mortgage… Continue reading Mortgage Defaults Surge Higher
2011 Montana Housing Market
Through its conservative values Montana avoided much of the real estate bubble, but the difficulties surrounding its housing markets as fallout of the financial crisis persist with less bank lending and troubles in the economy at large. Home sales in most of Montana took an up swing as a result of the federal home buyers’… Continue reading 2011 Montana Housing Market
Markets Forecast to Rise with Housing Inflation
In a turning point that demonstrates U.S. housing markets are making a recovery, Housing Predictor is forecasting that local markets in seventeen states will experience housing inflation in 2011. The states are dominated by the Mid-west and most Northern regions that were less affected by harmful new mortgage lending products during the real estate bubble,… Continue reading Markets Forecast to Rise with Housing Inflation
2010 Montana Housing Market
Protected by more conservative mortgage lending standards and less outside influences, Montana’s housing markets haven’t crashed like many other areas of the country. Few foreclosures and lower priced homes have had a stabilizing impact. But the slowdown in home sales is nagging at markets. Housing sales slowed in most of the state and then got… Continue reading 2010 Montana Housing Market