Taunya Fagan Bozeman Real Estate Blog: Montana Real Estate Blogs

According to the Center for the Rocky Mountain West, Baby Boomers shifting the traditional demographic pattern from that of retirement to warm climes to that of retirement to the cooler, mountainous regions of the Rockies, particularly Wyoming and Montana. This, in turn, is shifting the average age of the population of these states from a relatively younger to a significantly older average age. Baby Boomers are retreating north, buying homes and other types of real estate, and loving it!

The Aging West

giving you the advantage...^TM

Bozeman Entertainment   406.579.9683    taunya.fagan@prumt.com

There is no time to Blog because it's ski time in Montana.

Now is the time to consider buying property in Big Sky, Montana where the skiing is BIG and the snow is wonderful. Land prices are coming down, home prices are falling. Big Sky Resort and Moonlight Basin areas combined (ticket available for both) make this terrain the largest in the U.S. Bridger Bowl is 20 minutes from Bozeman: Ski Bridger Bowl, Big Sky Resort, and Moonlight Basin!

Giving You The Advantage^TM

 TaunyaFagan.com    | 406-579-9683 |    taunya.fagan@prumt.com

You've seen all that Aspen has to offer, Telluride, Tahoe and Jackson Hole...

IT'S BEEN WELL WORTH THE WAIT

"Find your private residence nestled in the foothills of Bozeman, Montana."

*       *       *

It's Here!

7 Ranges - Bozeman Ranches is located on the edge of the foothills of the Hyalite Mountain Range near Bozeman, Montana's commercial hustle and cultural bustle. World class Montana fly fishing, Montana skiing, sporting, and cultural activities are the backdrop to 7 Range's Montana Ranch history. A stone's throw away Bozeman nightlife and Bozeman commercial amenities can also be found both in Bozeman, over-flowing in cultural and sporting events, and Gallatin Gateway, MT a rustic, western town with a small town Montana feel.

giving you the advantage...^TM

TaunyaFagan.com    406.579.9683   taunya.fagan@prumt.com

At the full rate the City of Belgrade, Montana could have charged to build a new home, called an Impact Fee, the monetary effect a new home would have on city infrastructure, a builder would have had to pay the City $14,000.

In April 2007, the City of Belgrade agreed to an assessment of 65 percent of the full rate--$9,172. Monday night the City lowered yet again the fee to 55 percent--$7,762. The City Council and the public will meet again on January 7, 2008 to continue the discussion.

Builders, Realtors, and others involved in development in Bozeman, Belgrade, and surrounding cities are concerned that high Impact Fees will put a damper on building because of the high costs to erect structures, and also stymie growth in and close to local cities, pushing it out into the greater Gallatin Valley, causing urban sprawl.

In this softer market, pique buyers' interest by providing a Home Protection Plan, which can pay for the repair and replacement of many parts of the plumbing, electrical, and a host of other home systems. A Home Protection Plan, like any insurance, can increase certitude in the mind of the buyer that if something does go awry, there is a plan in place to help defray those expensive repairs. 

The Holidays are a difficult time for those, especially children, who are without a home.

Since most of us are connected to housing in some way, please consider helping the homeless this winter.

Who is better qualified, more knowledgeable, and more involved in housing than a Realtor, a Lender, an Inspector, a Builder, a Title Agent ...? 

HERE ARE SOME NATIONAL PROGRAMS (hardly exhaustive):

Housing Resources by State

HomeBase San Francisco, California,

Homes for the Homeless New York, New York

Habitat for Humanity International Speaks for itself.

Stand Up for Kids Rescues homeless and at-risk youth living on the streets.

 Family Promise provides shelter and services for families WITH children.

 National Homelessness Links Links to programs in many states.

 Volunteers of America 160 different programs that help people.

...AND MANY MORE...and in your area, too!

'Happened upon a short and interesting testimony given by the Deputy Assistant Attornery General, on behalf of the DOJ Antitrust Division, before a House committee in July of 2006 on Competition in Real Estate Brokerage Services. Somewhat old news, but some key issues in real estate are interesting to review. Note the different RE  practices and resulting regulations of other states ...

giving you the advantage...^TM

TaunyaFagan.com    406.579.9683    taunya.fagan@prumt.com

Good Morning, 

Tuesday, December 11, 2007 

2 deg and clear here in the pristine foothills of Bozeman, Montana.

Real Estate News

Bozeman Real Estate News-Impact Fees 

The Bozeman City Commission voted last night to raise road impact fees 60% of the amount the Commission can legally charge. Impact fees for a single family house will increase from $2,380 to $3,238. There is a list of the impact fees for other entities at the link below.

The impact fee schedule is based upon the formula (Demand x Cost) - Credit = Fee. According to Bozeman's TRANSPORTATION IMPACT FEE UPDATE STUDY, EXECUTIVE SUMMARY, "the net impact fee is calculated as the total capital cost of providing the necessary infrastructure, less any additional revenue generated by new development that also will be used to pay for the additional infrastructure necessitated by new growth."

Transportation Impact Fee Update Study-Exec Summ

giving you the advantage...^TM

TaunyaFagan.com    406.579.9683   taunya.fagan@prumt.com

Housing Prices rose 9.1% in Montana during the second quarter of 2007

Don't simply project the condition of the overall U.S. housing market on these western states. Housing Prices rose 9.1% in Montana during the second quarter of 2007, according to the Office of Federal Housing Enterprise Oversight. Other western states showing increases in homes prices included Utah-15.3%, Wyoming-12.8%, and Washington-9.1%. Buyers have begun lowering prices in hot spots like Bozeman, Montana, so the winter 0f 2008 may be an excellent time to make that Montana purchasee. 

giving you the advantage...®

TaunyaFagan.com   406.579.9683   taunya.fagan@prumt.com