Real Estate Experts Give Insight On Future For Bozeman

For those of us who are living here in Montana, hoping to one day have the money to buy a home, I'm right there with you.

I often get on the real estate websites to check out the different listings; heck, I even get emails letting me know about homes in my area. My wife and I would love to have a place with a fenced backyard so that our dogs could enjoy themselves. It would be great to have a garage for our vehicles, a back deck for all of my different grills, and a place that is ours.

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We decided to call Bozeman home, and as much as we love living here, as you know, real estate in Bozeman isn't cheap. In fact, it's one of the more expensive places in the country.

My real estate friends keep telling me that now is the time to buy, and I get it. They need to make a living as well; however, there are several homes that I simply can't afford, and the ones that I can, they're selling for twice as much as they're worth. I mean, why would you spend 700 thousand dollars on a house that is worth 350 thousand dollars everywhere else?

I keep thinking that if I hold out, at some point the housing prices will drop down and it will be a better deal, except that might not be true.

I've heard folks talk about a big crash and how prices are going to drop by tens of thousands of dollars, and while that gives me the warm fuzzies inside, I just came across an article that took those warm fuzzies, beat them up, kicked them for good measure, and threw them in the garbage.

According to Finance Buzz, prices will soar over the next few years in a handful of mountain towns, and guess which Montana town made the list? That's right, Bozeman.

Will home prices continue to rise in Montana?

Oh, and in case you're wondering where we landed on the list, it just so happens that out of the seven towns mentioned, Bozeman took the top spot. Yep, we're number one, baby!  So, what does that mean? Well, it means that my real estate friends who have been telling me that now is the time to buy might be right after all.

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It also means that if you're planning on moving to Bozeman, you might want to make sure you have plenty of money to do so.