The housing market in the Billings Heights Area 1 neighborhood of Billings Montana has seen a great improvement over the past 30 days after a long cold winter.
There are currently 149 homes for sale in Area 1, and of those homes for sale, 42 of them have an accepted contract on them.
Over the past 90 days, only 35 homes in this area were sold, that was a long winter with a whole lot of snow on the ground!
Since the weather has nearly melted all the snow, we have a bit of spring fever here in the housing market, maybe a little help from low interest rates and the tax credits offered to those who either purchase for the first time, or make a new home purchase after residing in their old home for 5 or more years.
If we can clear 1/3 of the homes on the market in this area over the next 30 days, we're gonna need more inventory!
Traditionally, our number of homes that are new to the housing market picks up in the spring. This makes a lot of sense when you take a look at the picture I've posted here, who'd want to move in that kind of snow!
In the next few weeks, the tulips and the crocuses will be showing us their spring colors. The grass in yards and all over the prairie will be greening up. I hear it'll be 71 degrees on Monday March 29, 2010.
The Quilting Realtor
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Many Dream Of Living In Montana I'm One of the Lucky One's That Already Do! Wanda Thomas Call or Text 406-698-8640 for help with all things Montana. |
