February 2020

Year End Market Report 2019

Tim Ford

In 2019, 996 single-family homes sold in the areas both inside and outside of Bozeman’s city limits at a median sold price of $495,250. This is compared to 1,020 homes sold in 2018 at a median sold price of $456,375. This represents an 8.5%…

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January 2020

New Years Real Estate Resolutions

Tim Ford

Happy New Year! I hope that 2019 was a wonderful year for you and that this next decade will be even better. Many people like to make New Year’s resolutions this time of year, and what better time to make some resolutions regarding Real Estate…

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December 2019

Cash on Cash Versus Cap Rate

Tim Ford

For those who invest in real estate or are looking to invest in real estate, there are certain key numbers that are useful to examine a potential investment’s return. Two of the most commonly used numbers to calculate rates of return are the…

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November 2019

3rd Quarter Real Estate Update

Tim Ford

The first round of winter has come a little early to Bozeman this year. While many skiers are getting excited, others in town are hoping we have a little more fall before winter really socks in. Even with the cooler weather, the Bozeman Real Estate…

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October 2019

Home Fall Prep

Tim Ford

Summer seemed a little shorter this year than some others. However, the reprieve from smoke was welcomed in comparison to the past few summers. As our nights get cooler and we move into fall, it’s a great time of year to look around the house…

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September 2019

Belgrade Real Estate Report

Tim Ford

This article generally focuses on the Real Estate Market in Bozeman; however, the community of Belgrade is a vital part of the Gallatin Valley as well. This month, we’ll take a look at how the Real Estate Market has fared for our neighbors to…

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August 2019

Bozeman Real Estate Report: August

Tim Ford

We’re now over halfway through the year, and I thought it was a good time to look back at the first 6 months of 2019 and see how the real estate market faired. From the first of the year through July 1st, 457 single family homes sold in…

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July 2019

Bozeman Real Estate Report: July

Tim Ford

Inventory shortage continues to be the reccurring theme in the Bozeman real estate market. The months’ supply of homes is currently at an all-time low of 2.5 months. The demand from buyers remains strong, but the number of new listings coming…

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June 2019

How Accurate is the Zillow Zestimate?

Tim Ford

For the past few years, one of my more popular studies has been analyzing the accuracy of the Zillow Zestimate in the Bozeman market. For those unfamiliar, Zillow is a Real Estate website showcasing homes for sale. They also offer a…

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May 2019

Bozeman Real Estate Report: May

Tim Ford

As the spring thaw slowly takes place, bears are coming out of hibernation and so are many buyers and sellers of real estate. Buyers have actually been out and about all winter, but inventory levels have been low, so there hasn’t been much to…

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