Archive for the ‘Real Estate’ Category

What a Non-Montana Company, Realty Times, Predicted For 2013 Real Estate in Montana:

Realty Times offered the following Montana real estate market statistics:

– The average Montana home sales price in February, 2013 was $307,356 showing a 12.5 percent increase from $268,908 in February, 2012.

– The average Montana real estate list price at sale in February, 2013 was $316,962 showing a 12.6 percent increase from $277,061 in February, 2012.

– Montana Homes sold at 97.0% of list price in February, 2013 as compared to 97.1 percent of list price in February, 2012.

– The average number of days on market for sold Montana realty listings in February, 2013 was 115, up 37.4 percent from 72 in February, 2012.

– There were currently 165 single family homes on less than 1 acre for sale in Bozeman, Montana when their prediction was published.

– The absorption rate (the time it would take to sell off the current inventory at the current rate of sales) is 6.6 months, indicating a neutral Montana real estate market.

Bozeman Montana Realty and Much More… Taunya Fagan, giving you the advantage…® Experience…Priceless

Dynamic, Proactive, Tireless… Call – Text 406.579.9683 taunya at taunyafagan.com

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Sourdough Ridge Road – Commanding Views of Bozeman, Montana –

No Longer Listed

Distinguished and elegant, another of the unique Bozeman luxury homes offered by Taunya Fagan Bozeman luxury real estate. –  Call 406.579.9683

Sourdough Ridge Taunya Fagan Winter DriveShowcasing tumbled travertine tile, hickory wood floors, handmade Italian tile, and marble counters, this Taunya Fagan Bozeman home offering is a must see.

3969± SF – 1.02± Acres – 5 Bedrooms – 4 Bathrooms

You will also find solid cherry cabinets, designer sconces, marble floors and shower, antique wood vanity, wood burning fireplace, vaulted ceilings, warm and cozy family room.

This beautifully designed Bozeman luxury home masterpiece, overlooking the city and the surrounding environs of Southwest Montana, is just minutes to Bozeman’s vibrant downtown, mountain biking, golfing, fly fishing, hiking, cross-country skiing, shopping, and a plethora of SW Montana summer and winter activities.

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All information contained herein is derived from sources deemed reliable, however, is not guaranteed by Prudential Montana Real Estate, Managing Broker, Agents or Sellers. Offering is subject to error, omissions, prior sales, price change or withdrawal without notice and approval of purchase by Seller. We urge independent verification of each and every item submitted, to the satisfaction of any prospective purchaser. 2008 – 2013 © Copyright Prudential Montana Real Estate. All rights reserved. An independently owned and operated member of the Prudential Real Estate Affiliates, Inc. The RockPrudential is a registered service mark of The Prudential Insurance Company of America. Equal Housing Opportunity. Taunya Fagan

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 In 2012, the Bozeman MT housing market, encouraged by very low mortgage rates, should improve.

Housing Predictor has predicted Bozeman MT home prices may decline by about 4.2%.

Chart below indicates the Bozeman real MT estate market’s residential home sales history from January 1, 2011 to December 31, 2011 for all areas of Bozeman’s residential housing market (1SM, 1NE, 1NW, 1SK, 2B, 2FC, 2G, 2N, 2NW, 2T, 2SE, and 2SW).

Note the currently active number of Bozeman homes for sale.

Beds Current Active Average List Price Average Days On Market





























Dynamic, Proactive, Tireless…      Prudential’s Top Bozeman MT Real Estate Agent 2009, 2010, 2011

Taunya Fagan – A Trusted Name in Bozeman Real Estate, giving you the advantage…®

406.579.9683   –   taunya at taunyafagan.com  –  Prudential’s Top Montana Realtor 2010

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From Big Sky to the Bridger Range there are multiple things for you and your children to do in Bozeman, MT.

Sourdough Ski Trails 2011 Brett Fagan

Sourdough Ski Trails 2011 Brett Fagan

December 2011: If you want to ski or snowboard, hike or hunt, the Bozeman Montana region, has wonderful public and private schools; a major agricultural and technical university, Montana State University (MSU); shopping malls; museums (Museum of the Rockies with dinosaurs!); art galleries; music venues; health clubs…all sorts of indoor and outdoor forms to keep the kids busy!

For more information on the rating of Bozeman as a Best Place To Raise Your Kids in Montana, go to Bloomberg’s BusinessWeek.

Average Temperatures Bozeman Montana

Though Montana’s population just topped 1 million residents, Bozeman’s population is only about 36,000. Located at latitude 45.68N, longitude, 111.05W, elevation 4772′, the city is in southwestern Montana and is the seat of Gallatin County, MT, with a population of about 87,400.In the late 1800’s many called Bozeman The Egypt or The Garden Spot of Montana.

In the winter, Bozeman parents and their kids, if not in the great public and private Bozeman schools, are cross-country skiing, sledding, or attending sports events, theaters, and musical venues.

Here’s the lay of the land: Bozeman is in the Gallatin Valley with the Bridger Mountains to the east, the Big Belt Mountains to the north, the Tobacco Root Mountains to the west, and the Gallatin Range, rugged Hyalite Mountains, and spectacular Spanish Peaks of the Madison Range to the south.

Dynamic, Proactive, Tireless…     Prudential’s Top Montana Realtor 2010, 2011

Taunya Fagan – A Trusted Name in Bozeman Luxury Real Estate, giving you the advantage…®

406.579.9683  –  taunya at taunyafagan.com  –  Prudential’s Top Bozeman Realtor 2009 – 2011

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The State of Montana has no use and levies no general sales tax on consumers, a standard also shared by Delaware, Alaska, New Hampshire and Oregon. Two of Montana’s excise taxes are the cigarette tax (1921), $1.70 per pack, ranking this tax 13th highest, and the gasoline tax (1947), 27.75 cents per gallon, 18th in United States. Montana’s personal income tax rate is composed of seven individual brackets. The top rate, ~6.9%, is levied when a person’s income surpasses ~$14,900. Montana is 15th among states taxing at the individual level.

In 2005, Montana taxed the individual $763, 26th in the United States. Montana has both a state and local property tax, making it one of 37 states levying both. Like the majority of states levying both, Montana’s local property tax rate is higher than the state’s property tax rate. According to fiscal year 2004 data from the United States Census Bureau, Montana loacalities and communities reaped $774,842,000 from property taxes. During fiscal year 2002, Montana collected $183,937,000 in property taxes. The same year, combined state & local property tax collections equaled close to $959,000,000, which was $1034 per capita, 20th in the U.S.

The 2006 figure put the amount at $3108 per capita, ranking Montana 44th in the United States. Montana’s corporate tax structure consists of a flat rate 6.75%. Among states with a corporate income tax, Montana’s is 28th highest in the U.S. In 2006, state-level corporate tax collections (minus local taxes) averaged $162.68 per capita, 18th in United States.

giving you the advantage…®

Taunya Fagan Bozeman Real Estate    406.579.9683    taunya.fagan(at)prumt.com

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Bear Canyon Road, Bozeman, MT Real Estate, 59715 – SOLD!

This is a uniquely private sanctuary that is only about 10 miles from Downtown Bozeman, Montana. Drive over Bear Canyon Creek on your own private bridge; pass your horse pasture as you drive up to your custom, elegant Montana log home, which lies at the forest’s edge. Love to ski? This Bozeman fine home is approximately 15 miles from Bridger Bowl Ski Resort. Looking for Montana hunting and fishing? This Bozeman Montana horse property is roughly between the Madison and Yellowstone Rivers and offers hunting possibilities in every direction.

giving you the advantage…®

Taunya Fagan Bozeman Homes    406.579.9683    taunya at taunyafagan.com

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December 10, 2008 – The National Association of Home Builders (NAHB) is spearheading Fix Housing First, one of the largest coalitions of housing advocates ever assembled in the United States, to push for a housing recovery plan that will revive the economy.

“If we are going to successfully pull our nation out of recession, we must address housing first,” said NAHB President and CEO Jerry Howard.

Fix Housing First, which consists of more than 600 organizations, home building companies and manufacturers continues to add new members on a daily basis, is pressing for a major stimulus package to stem the decline in home values, stabilize financial markets and reignite consumer demand. To get the economy moving again, the coalition is urging Congress to support enhancements to the home buyer tax credit and provide below-market 30-year fixed-rate mortgages for home purchases.

If Congress enacts a meaningful tax credit, coupled with an aggressive interest rate buy-down program, we are confident that these measures will help to stabilize home prices, prevent future foreclosures, restore consumer confidence and start creating jobs,” said Howard.

The coalition cites a similar plan that worked in 1975, when the nation was also in the midst of a recession. Congress then passed a short-term $2,000 tax credit for all new homes ($12,000 adjusted for today’s median home prices) along with subsidized mortgage rates. The stimulus jump started the depressed economy and the effects continued long after the measure expired.

Entering this holiday season, we saw a sobering loss of more than half a million jobs in November, and major job cutbacks among the nation’s top employers are being announced daily,” said Howard. “We need to put a stop to this dangerous erosion on Main Street before it grows out of control.”

Enzo Perfetto, a third-generation home builder from Cleveland, has gone from constructing 20-to-30 homes annually to just one this year as a result of the economic downturn. The situation is critical and getting worse, he said. “Home building generates American jobs. You can’t outsource the construction of a home. But these jobs won’t return until the credit freeze ends and our government addresses the housing crisis.”

“We are leaving no stone unturned in conveying to our government and the public the message that a housing stimulus is urgently needed, and that restoring demand for housing is the fastest and most effective way of reviving the economy,” Howard said.

The housing stimulus proponents are calling for significant enhancements to the current $7,500 tax credit for first-time home buyers. Among the improvements:

– All primary home purchases between April 9, 2008 and Dec. 31, 2009 would be eligible.

– The credit amount would be increased to 10 percent of the price of the home, capped at 3.5 percent of FHA loan limits, bringing the credit to a range of roughly between $10,000 and $22,000.

– The current recapture provision would be eliminated. Repayment would only be required if the home were sold within three years.

– The credit would be available at the time of closing, making it easier to be used as a downpayment.

The second component of the stimulus plan would provide qualified home buyers with 30-year fixed-rate mortgages at 2.99 percent on contracts closed until June 30, 2009 and 3.99 percent on closings between June 30 and Dec. 31, 2009.

The coalition has also announced its support for continuing foreclosure prevention measures to keep people in their homes.

To help buyers in California and other high-cost markets, NAHB is also calling on Congress to permanently keep the FHA/Fannie Mae and Freddie Mac conforming loan limits at $729,750. Under current law, the loan limits for high-cost areas will be reduced to $625,500 on Jan. 1, 2009.

Fix Housing First points out that 3 million home building-related jobs have been lost as a result of the slowdown in housing production, which represents $145 billion in lost wages and $4.9 billion in lost purchases. Deterioration in these jobs has now spilled over into virtually all sectors of the U.S. job market.

Over the past two years, the new home construction market has experienced an unprecedented decline. This has led to major layoffs, lost business and production cutbacks by thousands of building product manufacturers and suppliers nationwide. Clearly, innovative and decisive government action is urgently needed to stem the decline and create positive traction in the housing market,” said Frank Cicero, Executive Vice President of Store Operations for 84 Lumber Company.

Taunya Fagan, giving you the advantage…®

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