You will be delighted with the spaciousness of this nearly new home! From the foyer to the rear yard, it is a delight!

Large bright living room area, features vaulted ceilings and decorative touches, carpeted flooring, ceiling fan, and plenty of window space.

Custom kitchen with hickory cabinets, breakfast bar, vinyl flooring is a delight!  Open to the living area, and eating area, patio door to the deck overlooking the rear yard.  Oven/range, dishwasher & microwave stay.

Dramatic master bedroom features trayed ceiling and ceiling fan, walk-in closet and large private bath, door to deck off the bedroom area.  2 additional bedrooms on the main level, both with ceiling fan and carpeted flooring.

Lower daylight level is unfinished and waiting for future rooms for the family.

3 car attached garage with openers & additional storage space.  The large landscaped yard features underground sprinkling and has nearly 1/2 acre of space.

All of this located in an area of newer homes in the Emerald Eagle Estates Subdivision.  You won't want to miss this nearly new home, call today!

Want a Free Annual Credit Report?

I have put together a series of four graphs to try and discern the tea leafs at the bottom of the market performance cup.

The first graph shows the activity relationships to sort out how long the market will take to absorb the inventory that exists at this stage of the year, absorption time is always longer this time of year and this produced due to the slower winter sales and an increasing inventory so a little longer absorption does not mean that the sky is falling. Yet when we use the National Associations of Realtors definition of a buyers market of 180 days to absorb inventory Yellowstone County does exceed by just over 30 days sitting at absorption time of 212 days. I would note just like days on the market (presently 57 days) this number fluctuates though out the year so the trend either up, down or flat is just as important as the absorption time itself.

The second graph shows the pricing relation to the different inventory segments. My first comment would tend towards the closed sales in the average sales price you can see the effect of the first time buyer tax credit also in the off market price the slow demand shows in the average asking price of those properties that did not sell.

The third graph shows the relationship of the inventory trends the last three years what stands out is the rapid climb of 2008 as the United states economies bad news permeated the press and affected our market as people became concerned over what might happen here, the other stand out is 2010 and 2009 are essentially the same and inventory is staying flat neither increasing substantially or decreasing. This does indicate equilibrium within the market place of supply.

The fourth graph is one I personal watch closely to determine the strength of the market and that is the percentage of pendings to active properties. The reason this piece of information is important if both sales and inventory are moving in the sale direction the market shows balance which is a positive and if they are heading opposite directions you can see either strong price pressure or lack of demand much clearer than if looking at the each factor separately right now we are better than 2009 and lower than 2008. Yet the activity that will give the most definition will be when the tax credits end on April 30^th and where the trend lines are at the end of June. Those numbers will define the market for the rest of 2010. So right now it is off to the races until the tax credits expire.

1124 Competition Avenue has a new price!

$162,350

Great family home, 4 bedrooms, 2 1/2 baths, 2 car attached garage, family room, fenced yard and so much more!

Call Howard today to view this wonderful home!

Brand New Home - Great Price!

1786 Heritage Walk

Located near the biking/walking path in the Billings Heights area

$189,900

2 bedrooms, 3 baths, large open living room area, family room, plus room to expand, oversized 2 car garage, deck, and room to expand!

Don't forget the tax credits available when you purchase a home, call for details!

New price on this great home!  Call to see it today!

739 Lewis Avenue

Now...$154,900

3 bedrooms, 1 bath, garage, large fenced yard, remodeled home, new oak kitchen, hardwood flooring, bright & sunny living spaces, lots of storage too!

I have generated two graphs to show the market and condition. First is the inventory graph as of this morning 3/8/2010 the first bar is inventory of single family homes, the positive the inventory is about 3% lower than last year at this time, the second bar, pending sales,  we have about 25% more pending sales than last year at this time, closed transaction using the same time frames for absorption 192 days back from today a year ago we have 9.1% fewer closed transactions. The fourth bar is the number of homes that went off market either expired or withdrawn in the absorption time of 192 days at 542 which is greater than existing inventory level is not a positive indicator. What this also indicates it will take a total of about 1023 homes to have been on the market to generate 486 sales or a sales rate of only 47.5% not a great number. The fifth bar is the length of time it will take to find 486 buyers that will actually close a transaction at 192 days that is over the  definition of a buyers market since it exceeds a 180 days. The fifth bar is the time it took to receive a contract on those that closed and it is only 50 days this tells us that if a home is priced properly it will sell and sell in a very reasonable time.

This second graph shows the price point corresponding to each of the above categories first is the most obvious that the higher you go into the market place the less likely it is a home is going to sell, (the off market) when you look at the both the pending and closed price points it jut confirms the information of the majority of higher priced inventory not selling. Looking at the active inventory price point also indicates that although the mix of inventory is trending towards lower price and there is most probably inventory that will not be selling.

Open House, Sunday March 7, 2010

12:00 Noon to 2:00 p.m.

1668 Inverness Drive

Make the smart choice with this nearly-new home and maintenance free living! 3 bedrooms, 2 1/2 baths, garage, fenced yard and so much more!  $151,900

Ask about the tax credits available when you purchase this home

Step inside this comfortable and affordable home - it has more to offer than most!

Light & open living room area welcomes you into this great home, carpeted flooring.  Country style oak kitchen with plenty of cupboards & work space overlooks the rear yard.  Appliances remaining with the property include the oven/range, dishwasher and refrigerator.  Dining area off the kitchen with patio door to the rear yard, vinyl flooring in the dining area and kitchen. 1/2 bath on the main level.

Upper level includes 3 bedrooms, all with carpeted flooring, bathroom and laundry area.  Lower daylight level includes family room space, bedroom and another full bath.

2 car attached garage, low maintenance vinyl siding on the home, fenced yard and a convenient location too!

Call to view this spacious home, your family will love it!

Make the smart choice with this nearly - new Capstone Townhome...ready for you to own and enjoy a mainttainance-free lifestyle!  This functional floor plan delivers great living space!

Inviting covered porch and private entry.  Bright & airy living areas, lots of light!  Chic main level living room with ceiling fan, carpeted flooring, sliding patio door.  Mian level dining area off the kitchen. Custom kitchen with vinyl flooring features breakfast bar, electric oven/range, dishwasher.

3 bedrooms upstairs; expansive master bedroom with private bath.  1/2 bath main level; 2 baths upper level including master bedroom bath.  Laundry area is on the upper bedroom level.

Unfinished basement area for future expansion/storage space, 1/4 bath on the basement level.  1 car attached garage and a private patio area in the fenced rear yard.  Home Owner's Assn. fee $77 per month includes front lawn maintenance, snow removal, building & liability insurance & water costs.

Enjoy the country quiet of this home at the end of a country road.

Room for all the family to enjoy.  Bright & spacious living room with carpeted flooring, vaulted ceiling.  Large open kitchen space with skylite, oak cabinets, island with breakfast bar, appliances including gas oven/range, dishwasher, refrigerator.  Laundry room off the kitchen with storage space.

Family room located off the kitchen area with gas fireplace and patio door to deck, small fened area at the rear of the home.

3 bedrooms include large master bedroom suite with private bath, walk-in closet; 2 baths include master bedroom bath.

Storage shed and plenty of parking area for the RV all on 1.18 acre of ground.  Call now to view this home!

SO YOU MIGHT ASK HOW IS YELLOWSTONE FAIRING COMPARED TO THE REST OF THE STATE?

Default Choice - Percent of Originations Currently in Default

Performance Period - 01/31/2010
Loan Portfolio: Traditional FHA
Sorted by Compare Ratio

Data shown includes all insured single family loans with a beginning amortization
date between February 01, 2008 and January 31, 2010

Exciting family home has a custom kitchen that everyone will love with plenty of work and cupboard space, there's a pantry too.  Appliances are included: oven/range, refrigerator, dishwasher and the freezer downstairs too!  Dining area off the kitchen with door to deck and rear yard.

Open welcoming living room area with carpeted flooring, 3 spacious bedrooms on the main level, including a master bedroom with private bath, 2 bedrooms on the lower daylight level.  2 baths main level, including the master bedroom bath, and 1 bath on the lower level.  Large laundry room on the lower level with storage space.

Huge family room area on the lower level with carpeted flooring and a pellet stove to keep you warm in the winter.  Gas forced air heating, central air conditioning for your comfort.

2 car detached garage all on 1/2 acre of ground with irrigation water for the yard.  A great home for the family!  Walking distance to elementary school, minutes from Billings, with a country atmosphere!

This home has an extraordinary bird's eye view of the Billings area!

76 Skyline Drive

$229,000

Large yard, great home, 3 bedrooms, 3 baths, huge family room, deck, fenced yard, 2 car garage, squeaky clean, huge storage/work shop space and more!

Call today 245-6890!

There's plenty to please your family in this lovely home, squeaky clean too!  Welcoming living room area with "pergo" style flooring, dining area off the kitchen with patio door to the deck, great country style work-in kitchen, 3 bedrooms, 2 baths on the main level, including master bedroom with private bath & patio door to the deck.  The lower level includes a huge family room area with walk-out to the rear yard and wet bar, 3rd bath, and super sized storage room/work shop space with outside entrance.

2 car attached garage plus RV parking area, large deck across the back of the home to take advantage of the gorgeous views of the city at your feet.

Private area, gas forced air heating, central air conditioning.  Large fenced yard is 21,236 sq. ft. with landscaping & mature trees

Open 1-3

Sunday, February 21, 2010

3181 Fairmeadow Drive

Enjoy the space this home has to offer with over 3,600 sq. ft., 4 bedrooms, 3 1/2 baths, 3 car garage, large fenced yard, RV parking, storage and so much more  $275,000

Give your family some space!

Brand new home in a country neighborhood with so many amenities.  Minutes from Billings.

Welcoming living room area with carpeted flooring, dining area, wonderful country kitchen with appliances included: oven/range, refrigerator, dishwasher.  Separate laundry room. 3 bedrooms, 2 baths, including a master bedroom with private bath area.

3 stall attached garage, propane heating system. Propane heating system with 97% efficient furnace, tax credit available for the furnace. Central air conditioning. Taxes are not yet spread on this home.

Call today to take a look at this home and give your family some space!

This brand new home is looking for a family!

Amenities include Bright & open living room area with carpeted flooring, large oak kitchen with all the appliances included: oven/range, refrigerator and dishwasher, microwave,  laundry room off the kitchen, dining area, 3 bedrooms, 2 baths including a large master bedroom with private bath.

3 stall attached garage all on .40 acres of land, irrigation water for the yard area, propane heating system with 97% efficient furnace, tax credit available because of furnace type, storage, central air and so much more. Taxes not yet spread.

Centralized irrigation water for the yard at $90 per year.

Just minutes from Billings.  Give your family a little elbow room!

Open 1-3 PM

Sunday, February 14, 2010

739 Lewis Avenue

Charming & Delightful 3 bedroom home, convenient location, fenced yard, garage, storage, updated kitchen, wood flooring main level $159,500

Ask about the tax credits available when you purchase this home!