Missoula photos and maps on Panoramio

Panoramio is always a fun site to browse for geo-tagged photos of Missoula and Western Montana.

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Best Real Estate Agent, 2011

BOM 2011 Winner

Mindy Palmer’s eye-catching ads feature the black-clad real estate agent sporting high tops and big black sunglasses. She’s clearly one of the most stylish real estate agents around. She’s also one of the best versed when it comes to what’s going on with the local housing market. On demand, the quirky agent is prepared to [...]

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The Bitterroot Valley

A short but sweet video overview of the Bitterroot valley and the Bitterroot Range

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Missoula Housing Reports: 2006 – 2011

Cover Image: 2011 Missoula Housing Report

Since 2006, the Missoula Organization of Realtors has produced an annual state of Missoula housing report. The links below will take you to pdf copies of each of these reports. Note that the reports cover the previous years statistics (e.g., the 2011 reports covers data from 2010). 2011 Missoula Housing Report 2010 Missoula Housing Report [...]

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Montana vs. Greater Missoula Home Sales: 4th Quarter, 2010

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According to this homes sales map from the National Association of Realtors, 4th quarter home sales in Montana were up 11.4% over the previous quarter and down 23.4% form the 4th quarter of 2009. According to data from the Missoula MLS, 4th quarter home sales in the greater Missoula area were down 17% from the [...]

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2010 Prudential President’s Circle

Prudential President's Circle

We’ve just been notified that we have been awarded the Prudential President’s Circle Award for 2010. This award is given to agent teams who rank among the top agent teams in the entire Prudential real estate network. Go Team Palmer!

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Montana Foreclosures Up in 2010

Foreclosure filings in Montana were up 141% from a year ago and up 165% from 2008. Montana ranked 44th in the nation in total foreclosures for 2010 and its foreclosure rate ranked it 39th among the 50 states. 348 foreclosure filings were reported in Missoula County in 2010, a 174% increase from 2009 and a [...]

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Real estate | Feeling for the bottom

A great overview and assessment of the Missoula real estate market in this morning’s Missoula Independent Real estate | Feeling for the bottom | Missoula Independent

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Return on Investment

Something to think about when you’re looking at your investments. This post was inspired by a post by Judy Gudgel, a friend and colleague at Prudential Montana Real Estate. The stock market data comes from CNN Money.com and the Missoula Real Estate data represents the change in the median price of homes sold between 2001 [...]

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The 2010 Foreclosure Report

In RealtyTrac’s recent 2010 Year-end Foreclosure Report, they analyze the national foreclosure rate as well the 10 states that had the highest rates in the country. Here’s a graphic showing those 10 states, the national rate, and the rates for Montana and Missoula County (Note: The rates for Montana & Missoula County do not include December [...]

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Opportunity knocks

Great article about Missoula area foreclosures in this morning’s Missoula Independent – note that as of this morning, 4.4% of homes listed in the MLS in the Greater Missoula area were bank-owned Opportunity knocks | Up Front | Missoula Independent.

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The Case for Renting

  Interesting article about the national trend towards renting and it’s effect on home sales. Given that the local vacancy rate is typically well below the national rate (less than 5% locally vs 10% nationally in 2009), we’re left wondering whether the local rates in 2010 will show the same trend – we’ll see what [...]

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The 2010 Market Report

Median Home Prices: 2001 - 2010

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Montana Foreclosures Fall in November

  Missoula County reported 24 total foreclosures in November, a 29.4% decrease from the previous month but up 100% from the previous November. Montana had the 40th highest rate of foreclosures in the country, Montana Foreclosures Fall in November.

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Negative Equity

  According to report by NAR Research, at the end of the 3rd quarter of 2010, 8% of homes in Montana had negative equity. This is the third lowest level in the country with Oklahoma at 6% and North Dakota at 7%. Negative Equity.

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A dramatic drop in active listings

Wow! From 12/1/2010 through 1/1/2011, 240 homes expired or were cancelled/withdrawn from the market in the greater Missoula area. This is by far the largest drop in inventory we’ve seen over this time period in many years.

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Not in Missoula!

  In the Missoula area, October home prices rose nearly 20% over the previous month and were up 15% from 12 months earlier. Overall, home prices for YTD sales through October were down 4.8% from 2009 home prices. Nation on edge of double-dip in home prices – Dec. 28, 2010.

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Existing home sales rise 5.6% November

  In the Missoula area, November home sales were unchanged from the previous month and were down 38% from November, 2009. 2010 year-to-date sales at the end of November were down 14% from 2009. Existing home sales rise 5.6% November – Dec. 22, 2010.

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Missoula economy stands on many legs

  A great look back at the Missoula economy in 2010 and an overview of what we can expect in 2011. Missoula economy stands on many legs.

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Montana Foreclosure Activity Declines in October

  In Missoula County, foreclosure filings were reported on 34 properties in October, a 23% decrease from the previous month but up 278% from October 2009. Montana Foreclosure Activity Declines in October.

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