Bozeman Area Happenings

An Expert Gives You Clarity in Today’s Housing Market

By KCM Team
Posted by Inactive Shanna Shepherd on March 17, 2023 in  uncategorized
The housing market has been going through shifts lately. That’s why it’s so important to work with an industry professional who can be your guide throughout the process. A real estate expert uses their knowledge of what’s really happening with home prices, housing supply, expert projections, and more to give you the best advice. Someone who can provide clarity like that is critical right now. Jay Thompson, Real Estate Industry Consultant, explains: “Housing market h... read more

2 Things Sellers Need To Know This Spring

By KCM Team
Posted by Inactive Shanna Shepherd on March 08, 2023 in  uncategorized
A lot has changed over the past year, and you might be wondering what’s in store for the spring housing market. If you’re planning to sell your house this season, here’s what real estate experts are saying you should keep in mind. 1. Houses That Are Priced Right Are Still Selling Houses that are updated and priced at their current market value are still selling. Jeff Tucker, Senior Economist at Zillow, says: “. . . sellers who price and market their home competitively sh... read more

Why Today’s Housing Market Isn’t Headed for a Crash

By KCM Team
Posted by Inactive Shanna Shepherd on February 09, 2023 in  uncategorized
67% of Americans say a housing market crash is imminent in the next three years. With all the talk in the media lately about shifts in the housing market, it makes sense why so many people feel this way. But there’s good news. Current data shows today’s market is nothing like it was before the housing crash in 2008. Back Then, Mortgage Standards Were Less Strict During the lead-up to the housing crisis, it was much easier to get a home loan than it is today. Banks were creating artificial... read more

Should You Rent Your House or Sell It?

By KCM Team
Posted by Inactive Shanna Shepherd on February 06, 2023 in  uncategorized
If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained popularity in recent years. According to a Harris Poll survey, 28% of homeowners have considered using a rental service to temporarily rent out their home for additional income. Owning a short-term rental ... read more

The 3 Factors That Affect Home Affordability

By KCM Team
Posted by Inactive Shanna Shepherd on January 25, 2023 in  uncategorized
If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares: “. . . with slowly improving affordability and a more optimistic economic outlook than previously believed, the housing market could show resilience in 2023.” Th... read more

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