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Housing Prices Fall Below Replacement Costs
Thursday, December 4th, 2008

Daily Real Estate News  |  December 4, 2008

Housing consultancy Global Insight reports that nationwide, housing prices are now 3.8 percent undervalued, based on total market value. It says values fell at a faster pace in the third quarter after stabilizing earlier in the year.
According to Global Insight’s calculations, prices are now 6.5 percent below their 2007 peak. […]

Posted in Foreclosure/ Bank-Owned (REO), Foreign Buyers, General Real Estate, Whitefish Real Estate | No Comments

Aviation Communities Popular, Despite Economy
Monday, October 27th, 2008

Pilots and their planes now call more than 600 fly-in communities across the country home, says Dave Sclair, retired publisher of General Aviation News.
“It’s a very popular trend,” he says.
John Travolta keep his Boeing 707 parked at his estate in the air park Jumbolair near Ocala, Fla.
But celebrities aren’t the only people who choose this […]

Posted in General Real Estate, Whitefish Real Estate | No Comments

Big Mountain’s financial health is good, officials say
Thursday, October 23rd, 2008 pilot.jpg

By RICHARD HANNERS / Whitefish Pilot

Word that the Wall Street meltdown has led to layoffs at the Moonlight Basin ski resort had some locals concerned about the future of Whitefish Mountain Resort.
By mid-September, the ski resort south of Bozeman had spent $100 million on construction and lined up another $70 million in financing, thanks to […]

Posted in Whitefish Real Estate | No Comments

Whitefish SNOW Bus program entering 10th year
Thursday, October 23rd, 2008 snow-bus-nm.jpg

Posted: Thursday, Oct 16, 2008 - 02:13:04 pm PDT

 

 

The Big Mountain Commercial Association looking for members
By RICHARD HANNERS / Whitefish PilotNow in its 10th year, Big Mountain Commercial Association’s SNOW Bus program continues to provide much-needed public transportation between Whitefish and the ski resort on the mountain.
BMCA executive director Rick Cunningham said the bus service […]

Posted in Whitefish Real Estate | No Comments

August Existing Home Sales Rises 18.4% in Western U.S.
Tuesday, October 14th, 2008 marketwatch.gif

By Ruth Mantell, MarketWatch
Last update: 10:18 a.m. EDT Oct. 8, 2008
WASHINGTON (MarketWatch) — Despite the credit crunch gripping the U.S. economy, the National Association of Realtors reported Wednesday that an index of sales contracts on previously owned homes rose 7.4% in August from the prior month.
The index, considered a leading indicator of existing-home sales, was […]

Posted in Whitefish Real Estate | No Comments « Previous Entries

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