Irrelevant
Well-known member
It's only getting worse for your guys in SW Montana.
People Fleeing cities? Not according to Zillow
- Thread starter 2rocky
- Start date
We just bought a property with a 20 year old house that hasn't been updated ever. Got it for substantially less than asking and we'll put shy of $40K into it to update which includes new counters, paint & hardwood flooring as well as remodeling the main bath.
Just sold our house in Helena for $13.5 over asking and it's move in ready.
I really don't mind doing some work/having some work done. It just adds value to the house. I've never been burned upgrading a house.
MThuntr
Well-known member
Currently sitting a town that the lowest priced house that doesn't need $100k worth of work is $40K over my budget. Last week someone bought a house that I personally saw was structurally unsound for asking sight unseen.
There's always Lima!
MThuntr
Well-known member
I'm just going to live in a van and squat on BLM
Ok, Bundy.
Jape
Well-known member
- Joined
- Sep 26, 2017
- Messages
- 1,738
In Utah, we have a 7% increase in median price from last year. I keep saying it’s unsustainable but it just keeps going. 
Irrelevant
Well-known member
The pics in that WA Post article caused me to throw up a little in my mouth.
D
Deleted member 16014
Guest
That is the truth!
Nameless Range
Well-known member
This is a story that is playing out in my neighborhood and I’m sure many others. Homes that would’ve been around $200,000 ten years ago are now selling for close to half a million.
My knee-jerk reaction is despair. I suppose a lot can happen that is unexpected, but I don’t know how the hell my kids will stick around and have things similar to what I have had unless they are in the top 95th percentile for income.
What’s happening and will continue to happen here makes perfect sense, but There are things I love about Montana that I don’t know can sustain over the long haul, and I hope I never feel like it has all gone to hell for keeps. It’s hard to tell whether I am overestimating the amount of change that will occur over the next decade due to the frenetic pace of everything right now.
westbranch
Well-known member
Current article on CDA. We got lucky on our timing of moving here.
cdapress.com
'Outrageous' demand, 'not much' supply
Kootenai County housing market continues to sizzle
This is a concern of mine also. At the pace we are going a decent house is going to run a million bucks. Surely prices can't just go up indefinitely. I guess if we keep printing money anything is possible.
BigHornRam
Well-known member
Looks like @mtmuley was messing with the Ravalli county sign on 93.
ravallirepublic.com
Real estate prices soar as migration into Bitterroot Valley picks up steam
“The recent influx of people into Ravalli County is being driven by a migration of people moving away from places they want to get away from,” said longtime Ravalli County
Housing prices around Montana skyrocket due to COVID-19
Housing prices in Montana have skyrocketed over the past few months, and local realtors say COVID-19 is largely to blame. "People are coming from across the country, realizing their jobs are online, and they can live where they want," said Tanya Gersh, a realtor with PureWest Christie's...
nbcmontana.com
During our re-fi, appraised value is $150k more than our purchase from merely 5 years earlier.
Irrelevant
Well-known member
we're at 250k in 3 years....Housing prices around Montana skyrocket due to COVID-19
Housing prices in Montana have skyrocketed over the past few months, and local realtors say COVID-19 is largely to blame. "People are coming from across the country, realizing their jobs are online, and they can live where they want," said Tanya Gersh, a realtor with PureWest Christie's...
During our re-fi, appraised value is $150k more than our purchase from merely 5 years earlier.
SAJ-99
Well-known member
I have seen a few listed at prices that are in the "crazy" territory. I don't blame them. Someone wants to make me an offer I can't refuse and I will move to downtown Chicago or NYC. I do admit, I tend to be more adaptable to whatever environment I am thrown in. Every place has advantages and disadvantages.
Wasn't me man. But I like it. mtmuleyLooks like @mtmuley was messing with the Ravalli county sign on 93.
Real estate prices soar as migration into Bitterroot Valley picks up steam
“The recent influx of people into Ravalli County is being driven by a migration of people moving away from places they want to get away from,” said longtime Ravalli County
I've wondered about the new trend of work from home and cost of living...
Companies in Silicone Valley pay employees a value comparative to COLA for the area employees reside.
If you don't need to pay employees to live in the Silly Valley , is it possible, wages may begin to reflect the new norm?
Sure, right now the pay is still, "competitive" though as that pool to select employees widens...
Well snap... articles are already whirling on the topic.
insights.dice.com
globalnews.ca
Companies in Silicone Valley pay employees a value comparative to COLA for the area employees reside.
If you don't need to pay employees to live in the Silly Valley , is it possible, wages may begin to reflect the new norm?
Sure, right now the pay is still, "competitive" though as that pool to select employees widens...
Well snap... articles are already whirling on the topic.
These Tech Companies Want Pay Cuts for Remote Workers
In the wake of the COVID-19 pandemic, many companies may decide to make work-from-home a permanent option for employees. After all, remote work offers
insights.dice.com
Can your employer really cut your pay for working from home? - National | Globalnews.ca
What the massive shift to remote work means for Canadians' paycheques.
globalnews.ca
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Deleted member 16014
Guest
I get it’s a good time to sell in these markets, but where do you go that’s got a comparable way of life that’s not the same price or more? Do you just sell, bide your time, and figure it’ll drop or equilibrate eventually?
Irrelevant
Well-known member
I think you have to have another option already, like a rental or some land you could build on (or get a camper and live on it Raising Arizona style)
