SAJ-99
Well-known member
Only number I can't verify is the number owned by NR. There is no easy way to get this number. I might have given it a bad title as "vacation" home, and it should be homes with billing address out of state. It does seem high but I wouldn't be surprised if it was over 20%, but I agree is hard to verify that. There was a memo sent to GG that had tables (which I can't find now) that broke it out by value and not necessarily property tax bill when there was a kurfuffle about tax bills. I will edit to be 1 in 12, which seems low.source?
Montana Percentage of House without a Mortgage where Monthly Holding Costs $200-$300 Census Tract Rank
Montana Percentage of House without a Mortgage where Monthly Holding Costs $200-$300 Census Tract Rank
www.usa.com
Most sales data comes from NAR. Nationwide, about a third are all-cash. Montana on that same track of late.
2024 Cash Buyers
Bozeman’s real estate market has seen some fascinating shifts over the past few years, particularly in the realm of cash transactions. Despite widespread predictions of a significant drop in mortgage rates in 2024, this has yet to materialize. Meanwhile, cash transactions have remained robust
bozemanmagazine.com