Billings Commercial Real Estate
Commercial real estate in Billings hasn’t slowed down. In fact, it has picked up quite a bit. Currently, number of transactions when compared with YTD 2018 is up 42% for 2019. We are seeing more movement in 2019 due to steady economic growth nationally, and local businesses are tapping into great rates with financial institutions. With lending readily available, a solid market of inventory, both buyers/sellers and tenants/landlords are finding what they are looking for. Forecasting, this environment of activity within the commercial real estate industry is gearing up for a successful 2019. A successful 2019 contains appreciated land values, increased demand for buying and selling, and higher lease rates due to expansion, upgrades, and relocating businesses.