Pete Francisco’s Whitefish Real Estate Newsletter May 2019

Pete Francisco

 

Pete​ ​has​ ​lived​ ​in​ ​the​ ​Flathead​ ​Valley​ ​for​ ​over​ ​17​ ​years.​ ​​ ​After​ ​living​ ​in​ ​Colorado​ ​and​ ​Utah,​ ​his​ ​passion​ ​for​ ​the​ ​outdoors finally​ ​drew​ ​him​ ​to​ ​Montana.​ ​It​ ​didn’t​ ​take​ ​him​ ​long​ ​to​ ​realize​ ​this​ ​was​ ​a​ ​special​ ​place,​ ​and​ ​he​ ​settled​ ​down​ ​to​ ​make​ ​this​ ​area his​ ​home.​ ​Years​ ​of​ ​experience​ ​in​ ​the​ ​service​ ​industry​ ​has​ ​given​ ​Pete​ ​the​ ​ability​ ​to​ ​work​ ​well​ ​with​ ​clients​ ​and​ ​connect​ ​with people​ ​quickly.​ ​An​ ​avid​ ​skier,​ ​mountain​ ​biker,​ ​and​ ​fly​ ​fisherman,​ ​Pete’s​ ​enthusiasm​ ​for​ ​outdoor​ ​recreating​ ​has​ ​taken​ ​him​ ​all over​ ​the​ ​valley​ ​and​ ​has​ ​given​ ​him​ ​a​ ​unique​ ​and​ ​expert​ ​knowledge​ ​of​ ​the​ ​area.​ ​Whatever​ ​your​ ​passion​ ​is,​ ​Pete​ ​would​ ​love​ ​to show​ ​you​ ​what​ ​makes​ ​this​ ​area​ ​special​ ​and​ ​help​ ​you​ ​find​ ​your​ ​piece​ ​of​ ​it. To contact Pete call: 406.270.5908.

Real Estate Market Trends

By Richard Dews // April 24, 2019 // Flathead Beacon

Flathead active home market comparison, last four quarters

Single family residences sold in the Flahtead Valley

A third of the way through spring, how do the quantities of actively listed homes compare to prior quarters (see chart)? I’ve charted the quantities (bars) of homes active last spring (gold), last fall (grey), this January (orange) and now (blue) — by original list price ranges in $50,000 blocks. Findings: 1) availability of lower-priced homes keeps falling, 2) $250,000 to $349,999 home availability recovering from winter pull-back, 3) $350,000 to $749,999 about as thin as winter.

I also charted the median Days on Market (DOM), which are the number of days since listing. These are represented by dashed lines of the same color as their counterpart quantity bars. Findings: 1) substantial shrinkage in time-on-market since January, 2) $200,000 to $499,999 fairly parallel to the DOM of last fall, 3) higher-end homes on market longer that those last spring.

Richard Dews is CEO of Glacier Flathead Real Estate, a Flathead-based real estate software and services company.

Senators push Amtrak for answers on future of Empire Builder in Montana

Amtrak stops in WhitefishBY JUSTIN FRANZ // APR 19, 2019

Daines calls any proposal to alter long-distance service “troubling,” Tester writes letter to Amtrak president seeking answers

Montana’s two U.S. senators are pushing Amtrak officials for answers about the future of long-distance passenger trains, including the Empire Builder, which stops twice daily in Whitefish.

Earlier this year, the Trump administration proposed drastically slashing Amtrak’s budget and having states pay more for passenger rail service. Amtrak officials have also been “reassessing” its long-distance routes to see if it can reduce the amount of federal money it needs to subsidize the services. Few details have been provided about what, if any, changes might be made or when those changes would be implemented.

“Amtrak is trying to reassess how best to address the needs of rural communities and maintain mobility but also think of ways to reduce (federal) subsidies,” said U.S. Secretary of Transportation Elaine Chao during a hearing last month.

Click here to read the whole story in the Flathead Beacon.

Below are some beautiful properties listed by Pete.

Sort Option
  • Price
  • Beds
  • Baths
  • Sq/ft
  • MLS Number
Grid
List

Amazing views!

1000 Deep Creek Road, Fortine, Lincoln, Montana, United States 59918

2Bedroom(s)
2Bathroom(s)
24Picture(s)
980Acre
Amazing views from this great property! Sit on your deck and watch the sun set on Mount Marston or relax in your hot tub and watch the wildlife go by. This 2 bed, 2 bath mobile home is cute and cozy and ready to live in.
$109,900

10 acres perfect for a cabin!

Edna Creek Road, Trego, Flathead, Montana, United States 59934

9Picture(s)
0Sqft
Great property for a house or cabin! 10 acres in Edna Creek area of Trego, Montana. County road has year round access. Power onto property. Bordered one side by National Forest. Some marketable timber. Mostly flat. 90' of year round creek thru corner of property. Wildlife. Only 47 miles to Whitefish, 12 miles to Dickey Lake and 27 miles to Eureka. Optional adjoining 10 acres also for sale.
$90,000

Build a home or cabin

Edna Creek Road, Trego, Flathead, Montana, United States 59934

9Picture(s)
0Sqft
Great property to build a home or a cabin! 20 acres in Edna Creek area of Trego, Montana. County road has year round access. Power onto property. Bordered one side by National Forest. Some marketable timber. Mostly flat. 90' of year round creek thru corner of property. Wildlife. Only 47 miles to Whitefish, 12 miles to Dickey Lake and 27 miles to Eureka.
$180,000
    3 Results returned.Per Page

    Farmers’ Market

    Tuesdays 5-7PM Central Avenue

    Run the Fish – May 11th

    Full Marathon/Half Marathon/5K

    Whitefish Marathon

    Whitefish Feast

    May 11-18

    VFW parade

    Memorial Day Parade, May 27

    Where are the plows today?

    See where the plows are today on Going to the Sun Road in Glacier National Park. Also see plowing photos posted by the crews. Click here to go to nps.gov.