The Flathead valley continues to be in a winter cold snap since the first of February. Lots of snow in town and in the mountains. Whitefish Mountain Resort has over 100 inches of snow at the summit and it continues to snow so come on over to Whitefish and make some turns on the Big Mountain. The Real Estate market continues to be strong across northwest Montana with many properties changing hands since the first of the year. Sellers are still enjoying higher home values and a shortage of inventory. I have a few buyers ready to go if I could just find the right property for them. I expect to see an increase in inventory as spring arrives in the Flathead Valley. There are currently 138 residential listings in Whitefish under 1 million dollars and over half of those are condos or townhouses. It is likely someone is using something like Brokerkit to help keep track of this all. We sold 38 Whitefish residential properties so far in 2019. At that rate we will run out of residential product for sale in around 8 months. Bring on the springtime. If you are a property owner in Northwest Montana and are thinking about selling, now is a great time! Interest rates are still under 5%, not a lot of market competition and there are some great loan programs available for buyers,there’s even fast online installment loan approval. Call me today with any questions you have about Real Estate in Montana and the Flathead Valley. With 20 years local experience in Real Estate I probably have the answer. If not, I will find it. Both interest rates and APR are reflected as percentages, usually on an annual basis, that tell you the cost of borrowing money. Lenders will typically quote you both interest rate and APR, which are both critical, but they represent very different charges that you’ll end up having to pay back. Choosing the right loan is essential, and we’re here to help you make a good decision for your future. To know more about interest rates and APR, Visit to https://advancepointcap.com/apr-interest-rate/.
THE FLATHEAD HOME SHOW – ‘looking forward to 2019’
Bee Broadcasting brings you an all new show in the real estate market in the Flathead, it’s the Flathead Home Show.
Our hosts, Leah Lindsay and Justin Meccia, discuss the real estate market in 2019.
Special guests include Brian Murphy and Nikki Marengo of RE/MAX Rocky Mountain Real Estate.
Comparing real estate costs around the Flathead Valley
Reprinted from the Flathead Beacon, March 2019, by Richard Dews
Let’s nix the bar charts and look at a map of the past 12 months of single-family residence sales across the Flathead (see graphic). Almost 1,500 units sold during this timeframe, with the lion’s share costing between $125 and $200 per square foot. The legend, at the top left of the map, shows the ranges of dollars per square foot by color of map dot. The count of homes sold (by range) appears within the brackets, per range.
The map shows the locations of the properties. Takeaways? Lots of greens near Kalispell and Columbia Falls. Whitefish spendy nearer the resorts. Somers, Kila and Marion show bargains. Broad pricing ranges in Lakeside and Bigfork. You CAN live near a lake affordably.
Richard Dews is CEO of Glacier Flathead Real Estate, a Flathead-based real estate software and services company.
Below are some beautiful properties in Northwest Montana listed by Brian.
Visiting Glacier Park in Spring
Spring is a beautiful and quiet time to be in Glacier National Park, however park visitors must be more self sufficient for there are very few services open in the park in the early spring.
Although some services adjacent and inside the park are open year round, most of the concession services and services adjacent to the park reopen for the season in late May to early June. During shoulder seasons, lodging and other guest services are available in gateway communities, such as in Whitefish.
Bring your snowshoes, cross country skis and snow boots so you are prepared to enjoy lingering snow. Day hikes are also popular in spring. And don’t forget the camera!
Snowpack Overview 2019
Snowpack conditions generally improved across Montana during the month of January, but some regions still remain below, to well below normal for snowpack on February 1st. The first two weeks of the month were dominated by high pressure in many basins east of the Divide, while western basins saw snow trickle in during the first week, then transitioned to high pressure during the second week. The bulk of the improvements in snow pack totals were from the storm system that began during the third week of January, where significant snow totals fell in central basins along the east of the Divide, and in southwestern and south-central Montana. Snow pack in some of these regions was well below normal and this storm helped to improve conditions from January 1st.