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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

Jim Cramer: Time to get out of stocks
Saturday, October 11th, 2008 kramer.jpg

Financial guru warns that investments could lose 20 percent of their value
By Michael Inbar
TODAYShow.com contributor
updated 7:16 a.m. MT, Mon., Oct. 6, 2008
Bullish investors should turn into shrinking violets as the stock market continues its shocking downward spiral, CNBC’s “Mad Money” host Jim Cramer told Ann Curry on TODAY Monday.
In what Curry called a “dramatic statement,” […]

Posted in Foreign Buyers, General Real Estate, Whitefish Real Estate | 1 Comment

Properties in Montana considered ‘Exotic’
Friday, September 12th, 2008 canadacom.jpg

 
Exotic properties can take chill out of winter
Colleen Biondi
For the Calgary Herald
Thursday, September 11, 2008
Calgarians have many options to choose from when it comes to selecting recreation property destinations.
And despite the economic uncertainty of many stateside venues, we remain drawn to southern climes which offer unique experiences or welcomed respite from the cold and snow […]

Posted in Foreign Buyers, Whitefish Real Estate | No Comments

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