The fourth quarter of 2011 brought signs of life to the real estate market. Buyers began making offers and things are now moving. Our inventory is clearing out, however, the spring market will bring an increase in listings. We are still experiencing quite a bit of turbulance at this time. It is a buyer's market more than normal inventory. There are quite a few Bank Owned (REO's) and Short Sales in this market, approximately 25% of inventory. Rates are at historic lows and so it's a great time to buy. Sellers that are priced right, look good and are positioned well, will SELL!
Approximate Location Boundaries: Missoula County, Northern Ravalli County
Location Characteristics: Missoula ia located in the Rocky Mountain West and is surrounded by mountains, rivers and beauty. We are fortunate to live here. Missoula is home to the University of Montana and the National Champion Team the Montana Grizzlies. We are a very cultural community with music, arts, theater and much more. People want to live here due to the recreational opportunities, university and cultural offerings. We are only 3 hours from Spokane, Washington.
About Diane Beck - The Diane Beck Team:
I've been a full time Realtor in Missoula for over 20 years. I'm heavily involved with the community and Realtor associations on the local, state and national levels which allows me to keep my finger on the pulse of the market and meet new people on a daily basis. Missoula is a great place to live, raise a family and work.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
