Are you wondering how the new tax law is going to affect you? There are lots of rumors and then there are the facts. Gordon Campbell gave us the facts about the new tax law on last weeks Montana Real Estate Today radio show, especially as it relates to buying, selling and getting deductions on your loans and real estate taxes. If you did not hear the show, you NEED to! Click here to listen to the show online. You do not want to miss this show. It will truly give you the info that you need to know!
Gordon Campbell has been a CPA since 1980 and is considered one of the top tax advisors, planners and CPA’s in Montana. He gave us some great information on last weeks show. If you have any questions about what we talked about you can click here and send us any questions you have.
If you would like to talk to Gordon about how he can help you with your taxes or help you plan for your future, just go to his website by clicking here. There you can learn about his company, Campbell & Associates, P.C. and get all of his contact information. His company is located in Missoula but he can help you no matter where you live.
Thanks Gordon for coming on the show last Sunday and helping us understand how the new tax law will affect us!
Denise Kelly was on the show last Sunday from her REMAX Premier office in Butte, MT and as usual she gave us some amazing information about the greater Butte, Montana market. If you missed the show you just have to hear it. You missed a great one. Click the “Listen to Past Shows” button to hear it.
If you are in the market to buy property within Butte, MT and the surrounding areas Denise can help you choose the home that is right for you. Finding the right home is hard but getting the right RE/MAX agent isn't. Denise and her agents have over 15 years of combined experience to help you make an informed decision.
When it comes to selling your property, there are few better than Denise Kelly and her team. She will market your home using the most up-to-date technology and social media techniques including Facebook, Twitter, YouTube, Google and of course the Montana Real Estate Today Radio Show. Plain and simple, Denise works incredibly hard to get the job done and she does it fast. Contact her today for a FREE market analysis. Remember, this is a FREE service provided by Denise and her agents in the REMAX Premier office in Butte, MT.
When purchasing Commercial, Land, Foreclosures and Investment properties in Butte, MT and the surrounding areas without a doubt Denise Kelly should be your first choice. Denise and her REMAX Premier agents in Butte, MT are professional and experienced agents who can guide you through the ins and outs of every purchase.
Check out her site here you will find tons of great information and you can look at some of her incredible listings like the one you will see when you click here. She talked about it on the show and also talked about several others that you will find one her site. Go there now and prepared to be amazed at what you see especially the prices which are lower than most places you will find in the state for the same size and type. Check out her site now at http://www.swmtproperties.com.
Call Him At (406) 589-5929
All of us here at Montana Real Estate Today want to welcome Richie Pemberton of Windermere Real Estate in
downtown Bozeman as our newest Local Expert! “Real Estate Richie” is your go to guy for everything real estate in the greater Bozeman and Livingston areas. He is a 4th generation Montanan. Raised for the majority of his life in Manhattan, Montana. Richie is in his 4th year of real estate in the Bozeman, Montana area. He very much enjoys the business of helping Buyers and Sellers meet their goals. He just flat loves his job and is excellent at it! Richie is married to his beautiful wife Rachel and they had their first child, Reed, August 2016! Richie and his family enjoy going to church, going to sporting events, hiking, biking and running. He told us that one of his main goals in Real Estate is to create relationships that last a lifetime.
Richie will be on Montana Real Estate Today this week. Tune in and learn more about the Bozeman area real estate market and get Richie’s take on what is in store for buyers and sellers in 2018.
Here is some info on one of Richie’s great listings. See more by clicking here:
Views, Views and more Views! Remarkable, Springhill Area, Custom Home! Featured in Architectural Digest. Private, and out of town on over an acre, yet less than 5 minutes to Costco and Target. Built by custom home builders, Big Timberworks. The entire second floor is the master suite. Stucco and corrugated steel exteriors on the house and garage. The landscaping comes with numerous trees, a waterfall, small pond and a large rock walkway encompassing the property.
Last week on the show Dale talked to Brian Nicodemus from Re/Max Rocky Mountain Real Estate which covers Flathead County Montana. Brian is an incredible Realtor. He was the 2012 & 2015 North West Montana REALTOR of the year! Brian has lived in Northwest Montana since 1989 and he absolutely loves everything it has to offer. From great fishing and rafting to the incredible hiking, biking and skiing. As he puts it, “there is no shortage of adventurous things to do”. Brian also said “probably the best part of living here is the people. Friendly, caring people who happily give back to their community!”
Brian gave us some great advice about buying and selling real estate in the new year.
He also talked about some of his amazing listings, like:
17 White Bark Lane, Kalispell, MT 59901
Beautifully appointed 4 bedroom 2.5 bath home in popular Glacier Commons. Vaulted ceilings, Open Floor Plan, some Hardwood flooring and Gas Range with 2 ovens. All bedrooms are on the main floor, including a large master suite with walk in closet and large tub. Large bonus room above garage, nicely Landscaped with underground sprinklers and fenced for your furry friends.
You can see a lot more of this incredible home at https://www.remax.com/realestatehomesforsale/17-white-bark-lane-kalispell-mt-59901-id303927004.html
Brian also talked about several other great listings so be sure and take a look at all of them at http://www.catchwhitefish.com/.
You can hear the show that Dale did with Brian Nicodemus by clicking here: https://soundcloud.com/mtrealestatetoday/sets/buying-selling-strategies-and-info-on-the-flathead-real-estate-market-with-brian-nicodemus
Be sure and give Brian Nicodemus and call and let him help you catch your piece of Northwest Montana!! His number is (406) 250-7311.
This week on the show Dale and Diane talked about how to decide which home is the right home for you. Dale had mentioned that there are several quizzes on the web that you can take that can help you decide what type of home might be right for you and there are also several articles that you might find to be helpful as well. As Dale said on the show some of these quizzes or articles might be more for fun than helpful and of course none of them are going to be able to determine exactly what is right for you so use your own best judgement before making any final decisions. But for now you may want to click a few of the links below and take a quiz or read the article. If anything they may be fun and give you a few ideas or simply do your own search for ideas or quizzes that can help you find your next home that fits you best.
Last week Dave Glaser came on Montana Real Estate Today Radio Show and talked about, in some ways, a dream come true, the gift of a down payment for your next home! Dave talked all about how you can
get your down payment from his organization and NEVER have to pay them back! Click on the Listen to Past Shows button to hear the show if you missed it or click here to go to the Montana/Idaho CDC website to learn more.
Below is the article that Diane and Dale talked about on the show that aired on 11/19/17. Click this link for more info!
Global uncertainty and political polarization are the top issues facing the housing industry in 2017 and 2018, according to The Counselors of Real Estate’s annual list of the Top 10 Issues Affecting Real Estate. The list was compiled using feedback from 1,100 real estate advisers from around the world who met at a recent CRE conference.
Many of the issues are interconnected and reflect disruption in the economy and multiple real estate sectors, says 2017 CRE Chairman Scott Muldavin. “Despite this unsettling environment, opportunity remains embedded in every issue on the list,” the CRE report notes. Here are the top 10 issues cited in the report.
1.Political polarization and global uncertainty. “Uncertainty about changes to trade, travel, and immigration policy threaten cross-border investing, hospitality properties, retail, and manufacturing supply chains, among other effects,” the report notes. “Rising interest rates and retail inflation will make middle-class homeownership that much more difficult. Longer-term implications could be much more severe, as polarization prevents long-term fixes to issues such as infrastructure, affordable housing, local and state pension liabilities, and education.”
2. The technology boom. An unprecedented wave of commercial real estate technology innovations are expected to change the way real estate is bought, sold, and managed. Investments in commercial real estate tech startups hit $2.7 billion in 2016. About 1,600 of these startups now exist worldwide. Robots, big data, autonomous vehicles, and online retail are also expected to have a major impact.
3. Generational disruption. “Boomers’ and millennials’ divergent views of where they live, work, and play increasingly impact the property markets,” the report notes. “The generations are crossing paths everywhere: in the workplace, in housing, and at the local bar and grill, intersecting and sharing spaces despite their often disparate priorities when it comes to the built environment.”
4. Retail disruption. “The trend toward transforming retail into ‘experiences’ continues to develop and is offsetting shrinkage in the physical bricks-and-mortar consumer-goods platform,” the report says. “‘Experiential’ retail drives customer traffic to a more diverse and highly participatory environment targeted to a variety of age groups and interests. This sector has transitioned into a kind of ‘Omni Channel’—encompassing e-commerce, reduced or repurposed physical elements, and a host of previously unforeseen spaces, both physical and virtual—with a current emphasis evolved from bricks-and-mortar shopping to the timely, efficient transfer of goods from source to inventory to consumer.”
5. Infrastructure investment. The private sector is directing significant funds to infrastructure projects, recognizing the need and long-term rewards of investing in roads, bridges, tunnels, ports, and airports. Investors now oversee $376 billion in U.S. infrastructure dollars. “It is clear that the need for infrastructure investment is critical,” the report says. “The movement of goods, which involves everything from ports to airports to warehouses to roads, highways and railroads, is further straining an aging and highly vulnerable interior framework. Add to this the need for pipelines, electricity transmission, and water distribution, and the immediacy of infrastructure needs becomes even more pronounced.”
6. Housing disparity. “Safe, decent, affordable housing has been shown to have a stabilizing effect on urban economies, crime, and public health,” according to the report. “A current lack of inventory has generated a spike in home prices and, as a result, declining affordability for many home buyers, particularly those in lower-income sectors. A critical disparity exists between housing needs and housing supply.” The report cites a growing affordability gap and limited availability of housing in locations with significant job growth, such as major cities and coastal regions.
7. Threats to the middle class. In 2007, the average middle-class income was $57,403. Now it hovers below inflation-adjusted levels from nearly two decades ago at $57,909. These income levels have yet to return to their pre-recession highs, and stagnant income growth will continue to press on the middle class.
8. Emerging role of healthcare in real estate. The nation spends more than $3 trillion each year on healthcare costs—about $10,000 per person—which is double the average for developed countries worldwide. “The real estate industry has emerged as a major player to cost-effectively improve people’s health,” the report notes. “Building occupants are increasingly demanding that the space they inhabit be designed, constructed, and operated in ways that advance positive health outcomes.” A growing focus on healthy buildings is emerging, as people spend about 90 percent of their time indoors. Research from the Mayo Clinic shows that healthcare contributes 20 percent to maintaining people’s health, while environmental and behavioral factors account for 40 percent.
9. Immigration. As the Trump administration seeks to enact more restrictive immigration laws, some housing leaders are growing concerned about labor shortages in homebuilding. Demographers note that immigrant groups are a source of household formation. “New immigrants tend to rent, boosting demand for multifamily housing, especially in gateway cities,” according to the report. “Recent surveys suggest that immigrant populations aspire to own homes and to move relatively freely from cities to suburbs and back in the search for employment. Labor mobility and homeownership rates will be constrained by limiting immigration.”
10. Climate change. The National Oceanic and Atmospheric Administration released a report this year that shows sea level rises are expected to more than double from 2013 forecasts—to between 6.6 and 8.6 feet by 2100. “While a potential rise of sea level may seem far in the future, NOAA also estimates that annual frequencies of disruptive and damaging flooding would increase 25-fold with only a 14-inch increase in local sea level rise,” according to the report. “Major cities such as Miami, New York, New Orleans, Tampa, and Boston are projected to have the most costly problems, with South Florida and most coastal areas all exposed to differing levels of sea rise risk and cost. The implications of potential sea level rise and related flooding on real estate values is positioned to explode due to dramatic increases in the volume and accessibility of information on the consequences of sea rise.”
Source: “Political Polarization, Global Uncertainty Top CRE 2017-2018 Top 10 Issues Affecting Real Estate List,” The Counselors of Real Estate (June 14, 2017)