Heath's Blog

head_left_image

Montana was 4th in US House Price Appreciation in 2007!

Montana real estate sales were ranked 4th out of all 50 US states in home price appreciation in 2007, and with almost 300% appreciation since 1980, there is still plenty of room to move!. There was one Montana city in the top 20 appreciating cities and none in the 20 cities that lost the most value. However, there were a number of cities with strong real estate activity in Montana. Some of them are Billings, Missoula, and Great Falls. The Office of Federal Housing Enterprise Oversight (OFHEO) produced an 88 page reports that says Montana real estate sales were number 4 in the list of states that had "...positive four-quarter appreciation" in 2007...". The report has lots of positive information, but it hasn't been widely publicized. The list of states and their ranking by appreciation over 2007 starts on page 25 of the .pdf report. It seems that Montana is one area of the country that should continue to see growth in the real estate market. There has been almost 300% appreciation in Montana since 1980.

80% of the United States had POSITIVE appreciation in 2007 according to the chart page 25 and 26 of the report.  And, of the 121 cities monitored in the report, 65% of US cities had appreciation.  Too bad these statistics aren't being widely reported.  This report uses a few different set of statistics to show different aspects of the housing market.

United States real estate still provides one of the best available forms of investment for people looking to grow wealth over the long run. Real Estate professionals should be using blogging, newslettering, pressreleasing, emailing, and any other useful method to get this positive news out!

The report can be found at:  http://www.ofheo.gov/media/pdf/4q07hpi.pdf

Happy Selling and Listing!

If REindex.com, The Site Engine® hasn't already found your site and linked to it (and they do it free), fill out their form and they'll look at it.

Other MT cities
Bozeman
Whitehall
Lewistown
Alder
Alberton
Cascade
Manhattan
Moore
Moccasin
Stanford
Judith Gap
Harlowton
Denton
Hobson
Gallatin Gateway

Heath Coker, Associate Broker
Robert Paul Properties
www.CapeGroup.com / capegroup@capegroup.com
508-274-5613  Licensed in MA
Its a beautiful day on Cape Cod!
@CapeGroup  Skype: heath.coker

REindex.com, The Site Engine®
508-274-5613  reindex@reindex.com
See our 2 Minute YouTube www.REindex.com/WhatIsREindex.html
@RealEstateIndex

James Heath Coker | Create Your Badge

Montana was 4th in US House Price Appreciation in 2007!
share
Montana real estate sales were ranked 4th out of all 50 US states in home price appreciation in 2007, and with almost 300% appreciation since 1980, there is still plenty of room to move! There was one Montana city in the top 20 appreciating cities… more
Did you know Nebraska was 27th in US House Price Appreciation in 2007…
share
Nebraska real estate sales were ranked 27th out of all 50 US states in home price appreciation in 2007, and with only 160% appreciation since 1980, there is still plenty of room to move! There was no Nebraska city in the top 20 appreciating cities… more
Join NEW GROUP: POSITIVE REAL ESTATE NEWS!
share
YOU ARE INVITED! Lets organize and encourage the good news about real estate! Post POSITIVE NEWS about your market, or about the real estate market in general! IF YOU SEE A NEGATIVE REPORT THAT SHOULD HAVE or COULD HAVE BEEN POSITIVE WITH THE… more
Missouri was 26th in US House Price Appreciation in 2007!
share
Missouri real estate sales were ranked 26th out of all 50 US states in home price appreciation in 2007, and with only 200% appreciation since 1980, there is still plenty of room to move! There were no Missouri cities in the top 20 appreciating… more
Minnesota was 44th in US House Price Appreciation in 2007 with ups…
share
Minnesota real estate sales were ranked 44th out of all 50 US states in home price appreciation in 2007 There were no Minnesota cities in the top 20 appreciating cities and none in the 20 cities that lost the most value. However, there… more
Michigan was 46th in US House Price Appreciation in 2007 (or 4th in…
share
Michigan real estate sales were ranked 48th out of all 50 US states in home price appreciation in 2007 While Michigan hs had only 200% appreciation since the 1980s, Ann Arbor is the only MI city in the 20 US cities that lost the most value. Cities… more
Maryland was 39th in US House Price Appreciation in 2007.
share
Maryland real estate sales were ranked 39th out of all 50 US states in home price appreciation in 2007 There were no Maryland cities in the top 20 appreciating cities and none in the 20 cities that lost the most value. However, there were a number… more
Massachusetts was 45th in US House Price Appreciation in 2007.
share
Massachusetts real estate sales were ranked 45th out of all 50 US states in home price appreciation in 2007 The over 600% appreciation since 1980 doesn't look as good today because of the foreclosures that are happening, but there is still good… more
Maine was 33rd in US House Price Appreciation in 2007.
share
Maine real estate sales were ranked 33rd out of all 50 US states in home price appreciation in 2007 There were three Maine cities in the top 20 appreciating cities and none in the 20 cities that lost the most value. The three cities with strong… more
Louisiana was 15th in US House Price Appreciation in 2007!
share
Opportunity is knocking after Katrina! Louisiana real estate sales were ranked 15th out of all 50 US states in home price appreciation in 2007 There were four Louisiana cities in the top 20 appreciating cities and none in the 20 cities that lost… more