Nikki Marengo’s Whitefish Real Estate Newsletter May 2019

REMAX Rocky Mountain Real Estate Nikki Marengo

 

 

Nikki’s fondness for people inspires her to go above and beyond the expectations of her clients. Her main objective is making others happy and that is why real estate has become more than a profession­–it’s a passion. Let Nikki help you with the next adventure in your life, whether it’s finding a home on the golf course or selling your cabin in the woods. 406.212.8507.

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 Nikki.

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Welcome to Lost Creek Drive

365 Lost Creek Drive, Kalispell, Flathead, Montana, United States 59901

3Bedroom(s)
2Bathroom(s)
69Picture(s)
2,528Sqft
Welcome to Lost Creek Drive. Conveniently located between Kalispell and Whitefish off Farm to Market road, Lost creek drive offers country living but close to amenities. Main home is 3 bed 2 bath on 1 acre with wonderful landscaping to provide privacy. Large island in kitchen, open and light living area and large soaking tub in the master.
$599,000

Waterside Condo Offered Turn-key In Lakeside

7175 Unit 1 -103 US HWY 93, Lakeside, Flathead, Montana, United States 59922

2Bedroom(s)
2Bathroom(s)
40Picture(s)
1,384Sqft
Immaculate 2 Bed/2 Bath Waterside condo offered turnkey. Ground level unit (Building #1) with ample windows that offer picturesque mountain and lake views as well as a patio area overlooking the common areas and lake. Recent updates including new granite counters, new flooring, appliances, lighting and paint. Comes with 1/3 interest in a boat slip #8.
$841,000
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    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.