This home rates high in all categories!  Beautifully maintained and updated.  Welcoming living room with carpeted flooring, bow window, and lovely decorator touches, which carry throughout the home.

Dining area with tile flooring, door to the large deck and tree shaded back yard.  Wonderful kitchen with oak cabinetry, tile flooring, solid surface counter tops, oven/range and dishwasher stay.  You will enjoy working in this beautiful space.

Upper level includes 3 bedrooms, 2 baths, all with carpeted flooring.  The master bedroom has a private bath, ceiling fan.  Every area is exquistley maintained, and very enjoyable.

Lower level family room with fireplace, carpeted flooring, wet bar, door to lower deck level.  An area to escape to!  Basement level is unfinished and includes the laundry area.  Great for storage or room for future expansion.

The deck has two levels, one off the kitchen/dining room, and a lower level off the family room, plenty of room for your outdoor entertaining & enjoyment, hot tub on the lower level.  Fenced and landscaped yard.  Gas forced air heatng, central air conditioning, 2 car garage with storage space & opener.

You will want to see this wonderful home today!

Searching for value in an investment property?  Here it is!

You won't want to miss this opportunity to own an investment property with a great return!  The units each contain 4 bedrooms and 1 bath, washer and dryer hook-ups.  Off-street parking is available.    Large lot size with 18,533 sq. ft. zoned R-6000.

Rents are currently at $950 per month for each unit, Section 8 tenants.

Call today to find out how you can maximize your investment portfolio with this property!

You will want to know about this super outstanding value for your investment portfolio.  The units on this duplex property include 4 bedrooms, 1 bath, large kitchen with oven/range, refrigerator, dishwasher.  Off-street parking, washer & dryer hook-ups.  The units rent for $950 each per month, gas heating system and more.  Call to see this opportunity today!

Priced at $179,204

Your family will enjoy this home and it's many features!

Open living room with vaulted ceiling, large picture window, carpeted flooring.  Bright & open kitchen with plenty of work space and cabinets, island, vaulted ceilings and the appliances stay including: oven/range, refrigerator, microwave and dishwasher.  Pantry and tile flooring. Traditional dining area off the kitchen with door the the back yard and deck areas, also has tile flooring.

2 bedrooms main level, including the master bedroom with private bath, vaulted ceiling, walk-in closet.  1 bedroom on the lower daylight level and a 4th bedroom on the basement level, all with carpeted flooring.  2 bedrooms main level, including master bedroom bath, 1 bath lower level.

The lower daylight level includes a large family room with carpeted flooring and an office/study area, plus the laundry room.

2 car attached garage with opener, gas forced air heating, central air conditioning.  Fenced and landscaped yard, deck, low maintenance siding.

2011 Taxes reflect a special tax assessment - buyer to verify their property tax for this home.

This home is worth a close look - call today!

Sunday, January 22, 2012

549 Cherry Hills Drive

$259,549

Beautiful brand new home built by Specialized Construction, Inc. has so many features you will fall in love!  Spacious open living areas, vaulted ceilings, custom kitchen, 3 bedrooms, 2 baths main level, main level laundry, and lots of room for future expansion, storage galore, 3 car attached garage, deck and more!  Come see it today!

You will want to see this spacious and light filled home with so many features and storage galore!  It is a home for all seasons!

Bright & light living room with carpeted flooring, large picture window and carpeted flooring.  Wonderful kitchen with plenty of work space and counter area, lots of cabinets, plenty of natural light and great views of the rear yard and deck areas.  The oven/range, refrigerator, microwave and dishwasher stay with the home.

3 bedrooms on the main level, and 2 baths, including a private bath off the master bedroom.  1 bedroom and an additional bath on the lower level, all bedrooms have carpeted flooring.

Spacious family room area on the lower level includes a gas fireplace, carpeted flooring and is wonderful for those winter evenings, and hot summer days too!  Great entertaining space.  Additional office/craft/work shop room on the lower level is loaded with cabinets and work space.  There is a storage room with shelving and laundry area also included on the lower level.

Beautiful covered deck is East facing to enjoy the morning sun, and is shaded in the afternoon.  Beautiful privacy fenced yard with lots of perennials for summer beauty.  Unique storage/potting shed in the back yard.

You will want to see this home right away, your family will love it!

$217,000

Your family will enjoy this home in all Seasons!  Bright & light living areas, country style kitchen, 4 bedrooms, 3 baths, spacious family room with gas fireplace, office/hobby room, storage galore, covered deck, unique garden shed, privacy fenced yard, immaculately clean, located in West Billings.  Call today to see this home!

October of 1981 the 30 year mortgage topped at 18.45%, the consumer price index stood at 93.4 for the basket of goods

Fast forward to today

consumer price index stands at 226.72 or an increase of 243%,  the 30 year mortgage stands at 3.96% or a drop of 78.54%

NOW LETS TRANSLATE INTO A PROPERTY PURCHASE IN YELLOWSTONE COUNTY

1981 THE AVERAGE PROPERTY THROUGH MLS SOLD FOR $63,337 @18.45% FOR 30 YEARS  $977.83 PRINCIPAL AND INTEREST

2011 THE AVERAGE PROPERTY THROUGH MLS SOLD FOR $190,089 @3.96% FOR 30 YEARS  $917.39 PRINCIPAL AND INTEREST

NOW LETS TRANSLATE INTO A PROPERTY PURCHASE IN  THE UNITED SATES

1981 THE AVERAGE HOME IN THE U.S SOLD FOR $83,700 @18.45% FOR 30 YEARS  $1292.21 PRINCIPAL AND INTEREST 

2011 THE AVERAGE HOME IN THE U.S SOLD FOR  $257,600 @3.96% FOR 30 YEARS  $1223.89 PRINCIPAL AND INTEREST

SO THE THOUGHT TO PONDER ………

DO YOU BELIEVE THE INTEREST RATE OR PRICING ON HOUSES WILL FALL FURTHER AND MAKE HOUSING LESS COSTLY …..OR …….. ARE WE AT THE LOW POINT IN THE CYCLE, SO  WHETHER IT IS INTEREST RATES OR THE PRICE OF HOUSE THE COSTS WILL GO UP ?

IS THIS A HISTORIC TIME TO BUY PROPERTY?

NEW PRICE  $259,549

Don't miss out on this brand new home, located near Lake Hills Golf Course, 3 bedrooms, 2 baths, 3 car attached garage, large yard, storage space & room to expand!  Call  Howard today to view this beautiful home 245-6890

THE GOOD, THE BAD, THE DIRECTION

MY FIRST COMMENT ABOUT 2011 IS, I AM GLAD IT IS IN TH REAR VIEW MIRROR. MY BELIEF IS 2011 GOES INTO THE RECORD BOOKS AS THE LOW POINT IN REAL ESTATE UNIT SALES AND MOST PROBABLY PRICING IN THIS REAL CYCLE IN YELLOWSTONE COUNTY. THAT BEING SAID THAT DOES NOT MEAN A BOUNCE IN 2012. WHAT IT MEANS IS, MOST PROBABLY, STABILITY WITH A BIAS TOWARDS AN UPWARD MOVEMENT. THE MOST DIFFICULT ASPECT OF 2011 WAS THE FINANCING ARENA, ALTHOUGH RATES ARE INCREDIBLE, THE HOOPS TO JUMP THROUGH TO OBTAIN FINANCING ARE NOT INSIGNIFICANT AND LEAD TO DISCOURAGEMENT OF PURCHASERS DURING THE PROCESS. 2011 WAS THE HIGHEST RATE OF FAILED TRANSACTION THAT I HAVE EXPERIENCED IN MY THIRTY YEARS IN THE BUSINESS.  I HOPE 2012 SLOWS THE CHANGES WITHIN LENDING PRACTICES TO GIVE MORE STABILITY AND CONFIDENCE TO PURCHASERS.

FIRST THE POSITIVES OF 2011. THERE ARE ACTUALLY THREE MAJOR POSITIVES THAT YELLOWSTONE COUNTY ENDED 2011 WITH, ONE IS INVENTORY 20% BELOW 2010 AT THE END OF THE YEAR, THE PENDING SALES BEING UP 17% AS COMPARED WITH 2010 AND LAST WOULD BE THE SMALL DECLINE IN UNIT SALES COMPARED TO 2010.                                                                                                                          WE CONTINUED TO SEE NEW HOME CONSTRUCTION DECLINE AND 18% DECLINE COMPARED TO 2010 AND A FALL OF 54% SINCE 2007. WHILE EXTREMELY DIFFICULT BUSINESS ENVIRONMENT FOR MY FRIENDS IN THE BUILDING OF HOMES, IN THE LONG RUN THE SURVIVORS WILL BE HEALTHIER AND MORE  PROFITABLE.                                                                                                                                           LAST THE RENTAL MARKET SHOWS THAT GROWTH IS OCCURRING WITH YELLOWSTONE COUNTY WITH LESS UNITS AVAILABLE AND POSITIVE GROWTH IN RENTAL RATES. AS THE RENTAL MARKET CONTINUES TO STRENGTHEN THIS WILL CONTRIBUTE TO THE CONFIDENCE OF PURCHASERS SINCE AT THIS TIME THERE IS JUST $86 DOLLARS DIFFERENCE IN THE MONTH COST TO RENT THE MEDIAN HOUSE FOR RENT AS COMPARED TO PURCHASING THE MEDIAN PRICED HOUSE PAYMENT WITH TAXES AND INSURANCE. THAT DIFFERENCE IN 2008 WAS $391.    

FINALLY I WANT TO THANK ALL MY GREAT CUSTOMERS FOR ALLOWING ME TO HELP THEM ACHIEVE THEIR REAL ESTATE GOALS IN 2011, ALTHOUGH A DIFFICULT, WITHOUT LOYAL CUSTOMERS IT WOULD HAVE BEEN A MORE DIFFICULT YEAR.      

549 Cherry Hills Road

Be the first family to own this energy efficient & spacious home!  Over 2,800 s. ft. with 3 bedrooms, 2 baths, 3 car garage, lower level ready for your personal touch.  Located near Lake Hills Golf Course in an area of new homes!  Come see it now!

ONLY ONE OTHER TIME IN THE PAST THIRTY YEARS HAVE I SEEN WHERE IT IS CHEAPER TO OWN THAN RENT IN YELLOWSTONE COUNTY. THAT TIME THE LATE 1980'S, CAUSED BY THE RECESSION AND FORECLOSURES OF THAT PERIOD OF TIME. YELLOWSTONE COUNTY WAS LIKE LAS VEGAS IS NOW WITH OVER 600 FHA REPOS AND 100 VA REPOS ADVERTISED IN THE PAPER EVERY SUNDAY. HOME PRICES HAD FALLEN FROM FORECLOSURES AND POPULATION DECLINE IN YELLOWSTONE COUNTY AND INTEREST RATE HAD DROPPED FROM 13% ON A 30 YEAR MORTGAGE ALL THE WAY DOWN TO THE REASONABLE 9% RANGE. THIS TIME AROUND WE HAVE SEEN PRICES DECLINE SLIGHTLY AND INTEREST RATES SHARPLY DECLINE FROM 6.38% TO 4.11% FOR A 30 YEAR MORTGAGE. RENTS HAVE MOVED UP AND POPULATION IN YELLOWSTONE COUNTY HAS ALSO INCREASED.  JUST LIKE THE LAST TIME AROUND THERE WILL BE A WINDOW OF OPPORTUNITY TO MOVE FROM RENTING TO OWNERSHIP THAT WILL PROBABLY BE OPEN FOR 6 TO 12 MONTHS. BELOW IS THE COMPARISONS IN GRAPHS. PLEASE FEEL FREE TO CALL OR E-MAIL WITH QUESTION OR IF YOU NEED HELP BUYING OR SELLING.

Open 1-3

Sunday, November 13, 2011

2545 Avalon Road

Located off Poly Drive West of Zimmerman Trail

Life flows easily in this wonderfuly family home!

$214,000

This is the home your family has been searching for!  Large open living spaces with plenty of natural lighting.  Welcoming entry with vinyl flooring, separate formal dining room with laminate flooring & view of the rear yard.  The oak kitchen has plenty of storage & work space includes oven/range, dishwasher, microwave.

Large formal living room with gas fireplace and patio door to the rear yard and deck, carpeted flooring.  3 bedrooms main level including the master bedroom with private bath; 1 bedroom lower level.  2 baths main level including master bedroom bath, 1 bath lower level.

Spacious and open family/game room on the lower daylight level with fireplace, carpeted flooring.  Additional bonus room on the lower level is suitable for extra sleeping area, crafts room/office.  Storage closet on the lower level for all those extra items.

Tree shaded yard with long drive-way and extra parking space, 2 car attached garage with opener PLUS a 20'X28' separate garage/shop with entry off the alley.  Fenced yard and so much more, you will enjoy this home, it is perfect for the active family!

Your family will love the space this home has to offer.

Welcoming entry way with room for the outerwear, spacious open living room with wood flooring & windows for good natural lighting.  Custom kitchen with plenty of work and storage space, plus the appliances stay including, oven/range, refrigerator, microwave and dishwasher.  Family area on the main level with patio door and view of the rear yard.  Main level laundry closet.

3 bedrooms main level with carpeted flooring, 1 bedroom lower level with carpeted flooring & egress window. 1 bath main level.  Family/game room on the lower level.  Storage area with shelving on the lower level.

2 car detached garage with entry off the alley, fenced yard, gas forced air heating, central air conditioning.  Close to Downtown or easy commute anywhere in Billings!

Open 1-3 PM

719 Wyoming Avenue, Laurel

Sun filled rooms, lovingly cared for home!  You will be impressed with this neat & tidy home featuring 2 bedrooms, 1 bath, laundry room, country style kitchen with tile flooring, storage, huge deck, fenced yard, garage and more!  See it today!

Open 1-3

Saturday, October 22, 2011

549 Cherry Hills Road

Directions:  Wicks Lane to St. Andrews, North on St. Andrews to Annandale, West on Annandale to Cherry Hills Road

$269,900

Brand new home built by Specialized Construction and waiting for your family.  3 bedrooms, 2 baths, open living area, custom kitchen, 3 car garage plus room to expand.  Energy saver package

This impressive home will suit your family's needs!

Welcoming entry way with vaulted ceilings, tiled flooring & natural lighting.  Custom kitchen includes plenty of work space, oven/range, refrigerator and dishwasher.  Dining area adjacent to the kitchen with views of the lovely landscaping in the back yard, large shade trees, patio area and rock waterfall.

Beautiful living room with fireplace for winter comfort, soaring ceiling, carpeted flooring, great for entertaining.   3 bedrooms on the upper level including a large master suite with vaulted ceiling, walk-in closet. 1 bathroom upper level with entry from hallway and master suite.  1 bath main level.  Main level laundry with washer & dryer included.

Light & bright family room on the lower daylight level with carpeted flooring & 2nd fireplace

2 car attached garage with door opener, custom work bech & utility sink.  Gas forced air heating system, central air conditioning, storage space.  Delightful tree shaded, fenced rear yard, underground sprinkling and so many more special features.  Great Northwest Billings location.

You will want to see this home today!