2018 was the kind of market where folks were saying, more often than not, “Bozeman homes are selling like hotcakes.” Bozeman has been touted as one of the fastest growing micropolitan areas in our nation. We have been discovered the last few years and you will find us on a vast assortment of lists of places to move to and to reside. And come they will. Our quality of life and all that we have to offer continue to influence our growth, visibility and accessibility. The fast and furiousness is slowing down as we wrap up the year. It’s time to breathe.
We have experienced such a strong Bozeman Real Estate Market the last few years, it’s nice to see people able to get equity and make some life changes. Bozeman homes have seen a radical increase in pricing. I think that we are at a place in time where we will be seeing a stabilization, a leveling out. With interest rates up it does give pause to folks when they realize that their dollar buys a little bit less. All in all Bozeman homes and the surrounding area are certainly a great investment. Though we have seen a slow down and a few price reductions we do not see the market spiraling downward. We won’t go back to the affordability that we were once known for. Bozeman homes and homes in surrounding communities will continue to be in high demand.
It’s a great time to buy while the interest rates are still under five percent. All things point to the rates continuing to climb. We are just fortunate to live in an area that has so much to offer. Happy holidays, may your home be filled with love, good health and prosperity.
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