Thursday, January 29, 2009

Welcome to my very first blog

Having successfully evaded all my friends attempts at having me join them at various social websites (excuses: just not enough time; too old; too much information out there already) I thought it would be fun to have an opportunity to share at least one of my passions with the public: Montana Real Estate.
Having moved here from our last home in Chicago about three years ago, my husband and I are still pinching ourselves everyday, that we get to be in this amazing environment full time. We used to just visit for ski vacations, and then summer vacations and then every free moment we had, until we realized it would be so much cheaper if we just moved here. And so we did.
We were concerned that if we waited too long we would be priced out of the real estate market, as had happened in so many other states, and our timing could not have been better.
Even with the recent drop in prices in some areas of Montana, we are still ahead, as with the tightening of the loan programs, we would probably not have been able to qualify for some of our initial purchases.
That said, this is now again a great time for buying real estate in Montana at very reasonable prices. From ski studios at Big Sky that are walking distance to the lifts starting at 99K, to 20 acre lots in the gated equestrian community of Gallatin River Ranch near Bozeman starting at 199K, this is a second chance for everyone who though they had been priced out of the market.
My favorite is a large log home on a private competition ski lake in Helena for around 600K, down from 1MM. Where else can you be surrounded by snow capped mountains while skiing the slalom course on your private ski lake for less than 600K.
There is truly something for everyone in this amazing state; and I will keep you posted.
Till next time,
Karina