If we have a housing shortage, how can we continue to have record levels of sales? The simple answer is that not enough existing homes are freshly coming on the market to keep pace with demand. Historically we have seen a 15% absorption rate in home sales. The absorption rate is the percentage of homes […]
Last week the Wall Street Journal reported Billings as a “Boomtown” and ranked as No 1 on the WSJ/Realtor.com Housing Market Index. This may not come as a surprise to many as we are all aware of the very tight residential market in Billings and the surrounding area. However, what may come as a surprise is the unusually […]
When the coronavirus began spreading around the world earlier this year, massive and across-the-board shelter in place mandates basically created a massive social experiment involving remote working. And now that we’re several months in, it seems that people who are able to work from a home office typically like doing so. A recent study conducted […]
