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For Sale By Owner listings cheered by advocates of consumer choice

Sue Vinton, the bill’s sponsor, explained the ban had gone into place in 2022 because the Big Sky Country MLS petitioned the state to withdraw support for online FSBO postings. ....

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The wealthy have flocked to vacation spots for the long haul

The wealthy relocated in droves to vacation destinations around the US during the pandemic.
The Sun Belt and Rocky Mountains recorded outsized demand and increased luxury real estate sales.
These 10 seasonal spots are expected to remain coveted year-round hideaways throughout 2021.
The wealthy have relocated in droves to seasonal vacation markets around the US during the pandemic.
The Sun Belt and Rocky Mountains have experienced a significant amount of demand, according to the 2021 Luxury Outlook report by Sotheby s International Realty.
Affluent Americans including millennials have settled into beach towns and ski resorts from Florida to Wyoming, lured from major cities in part because of their desire to work remotely while surrounded by nature. And Sotheby s predicts that the pandemic s effects on the homebuyer psyche will continue to add to the surge in luxury home sales in secondary vacation markets for the next year, if not longer. ....

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Real estate numbers continue to spike in Bozeman, Gallatin County

The cost of buying a home in the Gallatin Valley continued to climb in November, with a 46.4% increase in median sales price of a single-family home between November 2019 and November 2020.
Thatâs an increase of $195,000 in 12 months, from a $420,000 median to a $615,000 median, according to the Big Sky Country Multiple Listing Serviceâs November 2020 market report, released last week.
The increase for townhomes and condos during the same period was less dramatic, jumping by 4.5% from $330,000 in November 2019 to $344,975 in November 2020.
âOur market has yet to slow down this holiday season, showing impressive increase in homes sold and sale prices,â said Claire Gillam, the Gallatin Association of Realtors board president in a news release. âWhile prices and sales are up, the inventory of available homes dropped sharply in November.â ....

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