Wednesday, March 1, 2017

Carissa Paulson - ERA Landmark Market Watch - 2016 Real Estate Review

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ERA Landmark
ERA Landmark Market Watch
2016 Real Estate Review

As we say farewell to 2016, there is great anticipation for what 2017 will have in store for us.  Our challenge will continue to be having and creating sufficient inventory in virtually every price range.  Let's take a look in the rearview mirror to see where we have been. This summary compares 2016 to 2015 sales and inventory information using the Southwest Montana Multiple Listing Service (SWMLS) reported data as the source. Additionally, I am interjecting historical data as a point of reference as to how the market has fluctuated over the past decade.

Within the city limits of Bozeman, single family home sales increased by 6%.  There were 587 single family homes sold in 2016, compared to 556 in 2015. Comparatively, the number in the heyday of 2007 was 334 sales, and the lowest point in the last 10 years was 291 units in 2009. The average sales price for single family homes showed moderate growth with a 5% increase to $401,866 in 2016 from $382,033 in 2015. The previous peak in 2007 was an average price of $337,400. The median sales price was $359,000 for single family homes, up 6% from $339,000 in 2015.

Last year, the supply of single family homes within Bozeman showed a significant decrease.  At the end of 2016, there were 83 active residential properties listed for sale compared to 126 in 2015, down by 34%.  Based on current supply and the number of homes sold in a given price range in the prior 12 months, there is no more than a 4.5 month supply of inventory in any of the price ranges reported under $600,000.

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Bozeman Symphony presents "Songs of Destiny"
March 4th at 7:30pm & March 5th at 2:30pm

A struggle with Fate, a plea for peace, and an epic orchestral masterpiece await.

We'll be joined by the Bozeman Symphonic Choir for one of Johannes Brahms' most profound compositions—his Schicksalslied (Song of Destiny), and for one of Leonard Bernstein's most joyful and exuberant—the beloved Chichester Psalms. Then, renowned cellist Adrian Daurov takes the stage performing the epic Concerto in B minor by Antonín Dvorák—a work most of us consider a full-scale symphony with cello soloist. This one is a must see, and hear! Stunning!

Rush tickets will be available at ERA Landmark's Downtown office on March 3rd from 4-6pm.

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ERA Landmark Featured Properties
536 Candlelight | Bozeman
$525,000 | MLS 218459

Tons of updates to this spacious Wylie Creek traditional home on half an acre backing to park and open space! All new windows with honeycomb blinds, newer roof and siding, newer garage doors, new gas stove and refrigerator, all new paint, newer reverse osmosis system, new wood deck, new fenced dog area, new treehouse, new landscaping in front yard, fruit trees in back, laminate flooring. Lower level family room is plumbed for gas stove and venting.

Property Details »
 
402 S. 5th | Livingston
$560,000 | MLS 217553

Classic, gracious, stately brick home on the SW side is a lovely combination of modern convenience and old-world quality and elegance. New kitchen & bath, fir floors, bright spacious rooms, high ceilings, clawfoot tub, master bedroom with french doors and mountain views, modern electrical & plumbing, new roof and paint. Corner lot with privacy fencing, deck, UG sprinklers, established landscaping, garage, off-street parking. Broad front porch is welcoming yet private. Add your pages to the history of this beautiful home!

Property Details »
 
679 Sunburst | Big Sky
$445,000 | MLS 200371

Rise to the occasion entertaining family and friends with this five bedroom, 3.5 bathroom vacation condo in Big Sky's Hidden Village. An end unit on the fringe of the complex, this location takes advantage of the privacy of the forest yet offers mountain views through the extra side windows. Features include a large hot tub, recreation/family room with pellet stove, a living room with wood burning fireplace and many upgrades including appliances, lighting and appliances. Fully furnished and equipped.

Property Details »
 
76 Madison | Ennis
$449,000 | MLS 211234

Spectacular views, good cell service, close to great fishing, hunting, hiking, trail riding, snowmobiling, lakes & rivers. Perfect for 2 families to share or lots of company. Entertain groups or relax in the Great Room with fireplace. The lower level is a self-contained 1 bedroom/1 bathroom apartment with its own kitchenette. Great for vacations, close to Cliff & Wade Lakes & NFS land. Property owners have exclusive access to 50-acre private common area along the Madison River. Being sold FURNISHED! Just re-sided!

Property Details »
ERA Landmark
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BOZEMAN OFFICE
1805 W. Dickerson #1
Bozeman, MT 59715

406-586-1321
VISTORS CENTER
8 E. Main Street
Bozeman, MT 59715
406-556-5001
LIVINGSTON OFFICE
215 South Main
Livingston, MT 59047

406-222-8700
BIG SKY OFFICE
36 Center Lane in the Meadow Village Center
Big Sky, MT 59716

406-995-3444
ENNIS OFFICE
219 Main Street
Ennis, MT 59729

406-682-4290
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Wednesday, January 25, 2017

Carissa Paulson - ERA Landmark Market Watch - Put Your Best Features Forward

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ERA Landmark
ERA Landmark Market Watch
Put Your Best Features Forward

First impressions are powerful in a way that the mere concept of them elicits the internal reaction of sitting up a little taller and smiling a bit wider.  Homes that are on the market for sale are under the same scrutiny of putting their best features forward to prospective buyers.  Marketing strategies such as high quality photography, home staging, virtual tours, and an easily negotiated web presence are no longer models that are saved for the luxury market these days. Any property that is listed via a real estate professional using their local multiple listing service instantly hits the internet with a bang. Having a property in top condition prior to that moment is the key to gaining interest and momentum toward a sale.  Finding a home with photos or video "coming soon" will not impress savvy buyers.


High-quality, well-composed photos are a powerful way to inspire potential homebuyers to go from scrolling property websites to setting an appointment to see the home. Since reportedly up to 91% of all home searches begin online, sellers have a captive viewing audience, but their REALTOR® must be able to convince the buyers to make contact for a personal showing with the influence of photos and words.

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ERA Landmark 2017 Winter Guide

We have a special affinity for this part of Montana, with its magnificent scenery, year-round recreation and strong sense of history and community. Let us share our passion and knowledge of the area, along with our real estate expertise with you. We take great pride in representing all types of property, including secluded getaways, "in the heart of the action" vacation homes, year-round residences, the ultimate legacy retreats and recreational ranches. We also offer full commercial investment, sales and leasing services at NAI Landmark Commercial.

 

We live here, we love it here, and we would like nothing better than to assist with your real estate needs in Southwest Montana.

Browse Our Online Guide »
 
ERA Landmark Featured Properties
90 Wildcreek Trail | Bozeman
$2,795,000 | MLS 213388

Welcome to Whispering Pines. A true one of a kind jaw dropping home minutes from downtown Bozeman. Spanish and Western influence, with large breathtaking views, first class kitchen, exudes peace and tranquility. Timber frame design and construction, custom milling by Big Timberworks. Radiant floor heat with Jerusalem gold limestone flooring. So much great detail and thought went into the construction. Water, wildlife, adjoined by State Land. Take a hike out your front door to Yellowstone Nat'l Park.

Property Details »
 
214 Ash | Livingston
$400,000 | MLS 215541

Charming and stately, this beautiful Livingston home has an elegance not often found in such a modern property. Start with the formal office and then sit by the fireplace in the living room after a lovely dining room dinner. Relax in the theater room or take advantage of the hut tub under the stars before heading to the master bedroom with it's own romantic fireplace. Deck with plumbed natural gas for your BBQ, a nicely fenced yard and there's even a front porch swing. One-year AHS Home Warranty included.

Property Details »
 
401 Twin Antler | Big Sky
$950,000 | MLS 211201

Naturally Montana-As private as it can get with great access, custom designed by renowned Jim Morton and built by Clair Daines. Old growth trees surround this home on 6.7 acres in the South Gallatin Canyon. Great outdoor decks, natural light, capped exterior beams. Stunning rock fireplace floor to ceiling, forefront of great room with dining, kitchen & living area. Picture windows surround, Fully furnished, turnkey, close to Gallatin River, Yellowstone and Big Sky Resort. Efficient, functional, stunning.

Property Details »
 
61 Moonwater | Ennis
$465,000 | MLS 212741

Perfect little cabin by the river, with great views, peace and quiet. Fish the Madison River or take a short drive to Yellowstone Park, then relax on the covered deck, watching the river go by with the mountains in the background. Then enjoy the cozy cabin with a glass of wine by the wood stove and fall asleep in a comfy log bed with the sound of the river in your ears. This is the Montana Dream. The second bedroom means you can share the dream with guests and the loft is great for storage.

Property Details »
ERA Landmark
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BOZEMAN OFFICE
1805 W. Dickerson #1
Bozeman, MT 59715

406-586-1321
VISTORS CENTER
8 E. Main Street
Bozeman, MT 59715
406-556-5001
LIVINGSTON OFFICE
215 South Main
Livingston, MT 59047

406-222-8700
BIG SKY OFFICE
36 Center Lane in the Meadow Village Center
Big Sky, MT 59716

406-995-3444
ENNIS OFFICE
219 Main Street
Ennis, MT 59729

406-682-4290
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Wednesday, January 4, 2017

Carissa Paulson - ERA Landmark Market Watch - Opening the Door to Homeownership

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ERA Landmark
ERA Landmark Market Watch
Opening the Door to Homeownership

The dream of homeownership remains strong. However, the reality of buyers getting their proverbial financial house in order in regards to credit score, paying down revolving debt, and saving enough for a down payment can be daunting. There are many resources in place that can provide educational and financial assistance to help renters make the leap to becoming first-time homeowners.


One new organization that offers assistance is HomeNow, which is affiliated with the Montana Community Development Corporation (MCDC). The gift program provides funds in the form of cash for closing to eligible borrowers who meet certain criteria. The first step is to meet with a lender who is able to offer the program. Lenders must be preapproved in order to participate. Currently Mann Mortgage, Yellowstone Bank and Opportunity Bank (coming soon) can work with borrowers to determine eligibility for HomeNow assistance. Potential homebuyers must qualify for and use a 30-year federally backed loan program such as FHA, VA, RD or HUD1-184. Furthermore, they must be at or below the established limit of 115% of the area's median income and possess a credit score of 640 or above. The property must be used as a primary residence in Montana.

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ERA Landmark's 2016 Retrospective

ERA Landmark had an incredible year, full of new faces and impressive accomplishments. Take a walk through 2016 in this comprehensive video as we celebrate another great year with our teams in Bozeman, Big Sky, Livingston, and Ennis!

Watch 2016 Retrospective Video »
 
ERA Landmark Featured Properties
340 N. Sweetgrass | Bozeman
$364,900 | MLS 217515

This is a well maintained four bedroom home. The decks and rails have recently been redone, all shrubs have been trimmed and new livestock bedding in the timbered beds. Privacy in a subdivision is the plus, the back is especially private with tall trees and mature landscaping. Neat and clean. New ceiling fan and new light fixtures in all the living areas. Some new interior paint. In close proximity to the regional park, the dog park, schools and the Bozeman pond.

Property Details »
 
724 N. Main Street | Livingston
$225,000 | MLS 217322

Huge yard and expansive views! This four bedroom/three bathroom home offers an updated, well appointed kitchen with french door that leads to a large deck and patio. Perfect for barbecuing, enjoying a nice cup of coffee or soaking in the views. Main level has living room, guest bath and two bedrooms, including a cozy master bedroom with attached half bath. Basement has separate family room, two large bedrooms, laundry room, bathroom and storage space. Large lot with one car garage and off-street parking.

Property Details »
 
679 Sunburst | Big Sky
$445,000 | MLS 200371

Rise to the occasion entertaining family and friends with this five bedroom, 3.5 bathroom vacation condo in Big Sky's Hidden Village. An end unit on the fringe of the complex, this location takes advantage of the privacy of the forest yet offers mountain views through the extra side windows. Features include a large hot tub, recreation/family room with pellet stove, a living room with wood burning fireplace and many upgrades including appliances, lighting and appliances. Fully furnished and equipped.

Property Details »
 
439 Beaverhead | Ennis
$277,000 | MLS 211324

Great in-town house with nice private deer-proof fenced yard, views, nice deck, large living area, separate dining room, extra large master suite, low maintenance, has been remodeled and updated. Most all appliances are new. Owners are only here seasonally. Dining room chandelier is excluded.

Property Details »
ERA Landmark
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BOZEMAN OFFICE
1805 W. Dickerson #1
Bozeman, MT 59715

406-586-1321
VISTORS CENTER
8 E. Main Street
Bozeman, MT 59715
406-556-5001
LIVINGSTON OFFICE
215 South Main
Livingston, MT 59047

406-222-8700
BIG SKY OFFICE
36 Center Lane in the Meadow Village Center
Big Sky, MT 59716

406-995-3444
ENNIS OFFICE
219 Main Street
Ennis, MT 59729

406-682-4290
Email Marketing Solutions by