Luxury Collection | Southeastern Montana | Spring 2023

47 Horny Toad Trail S (The Outpost) | Belfry, MT 59008

$2,490,000

5875 Whisperingwoods Dr | Billings, MT 59106

$2,355,000

11 Mission Lane | Joliet, MT 59041

$1,950,000

1205 Rimhaven Way | Billings, MT 59102

$1,495,000

SPRING 2023

Whether you own a home or looking to buy or sell one, here are the latest Good To Know articles for when you’re ready to take the next step in finding your Forever Home.

Is Now the Time to Buy a Home?

As the spring homebuying season kicks off, you may be ready to buy a home of your own, but continuing inflation, high home prices, and high interest rates may be giving you pause. Is now a good time to buy a home?

According to a new report, national mortgage rates have gone from a high of 7.37% in October, to 6.2% into January 2023 . Home prices in November were 2.5% lower than the peak achieved in spring 2022, and 42% of home sellers offered concessions in Q-4, 2022. Further boosting confidence, the job market has improved. In January 2023, the national unemployment rate lowered to 3.5% as employers added an unexpected 223,000 new jobs. While those shifts aren’t monumental, they’re making some consumers feel better about the housing market; homebuyers believe home prices will fall through Q3-2023, and they also said they believe mortgage rates will come down, despite the Federal Reserve’s determination to tame inflation by increasing interest rates.

Let your Berkshire Hathaway HomeServices network professional show you the latest sales trends in the area where you want to live with a custom competitive market analysis. You may be pleasantly surprised that now’s the time to buy.

Small Home Improvements, Big Results

If you’re selling your home, you can make small improvements with little money or time spent to increase your home’s appeal. Your home’s front entrance is crucial to first impressions. Add a new steel door or paint your existing door with a trendy new color. Round out the look with a new welcome mat, a new framed house number, a freshly painted mailbox, and planters of fresh greenery or flowers.

Regular exposure to dirt, dust, spills and high foot traffic makes wood and carpeted floors look dull, dirty and distressed. Polish your hardwood flooring when you list your home. Weekly vacuuming can pick up topical dirt from your carpets, but it takes professional equipment and cleaning solutions to remove stains, pet odors, allergens, dust mites, and deeply embedded dirt. Your carpets will look like new and last longer, too.

Crown molding and trim can transform a room, and it’s available already painted or you can paint it yourself. Replace switch plates with modern ceramic. For small spaces, add decorative or modular shelving to an unused wall. Cut out drywall to make a recessed display for books or collectibles to eliminate tabletop clutter and make your home appear larger.

FINANCE, HOME OWNERSHIP, MARKET TRENDS

HOME IMPROVEMENT, HOMEBUYERS, HOME SELLERS

$1,300,000

6113 Creek Crossing Road| Billings, MT 59106

1315 Riviera Place | Billings, MT 59106 $949,900

6278 Canyonwoods Dr | Billings, MT 59106

Ironwood Estates

Bedrooms: 6

Bathrooms: 4 full, 2 half

4,642 sq. ft. on 0.40 acres

Year Built: 2015

$925,000

Beautifully finished 2015 Parade Home built by Emineth Custom Homes. Quality finishes throughout with decorative trim and crown molding, hardwood floors, stainless steel appliances, tile shower enclosures, & double vanities, built-in sound, horizontal fireplace, trayed ceilings. Large backyard with extraordinary landscaping and views to the Southwest. The covered deck overlooks a large patio flanked with stacked stonework.

Lance M. Egan Broker

(406) 698-0008

lance@floberg.com

www.berkshirehathawayhs.com/

Team Hanel

Robin &Tom Hanel | Korinne Rice

LuxuryCollectionSpecialists

406-860-6181|406-697-0678

robin@robinhanel.com

$899,900

Black Rock Estates Beauty

Bedrooms: 4

Bathrooms: 3 full, 2 half

4,098 sq. ft. on 0.57 acres

Year Built: 2016

BrownBuildercustomhomeindesiredBlack RockEstates.Vaultedopenlivingspaceand pricelessviewsonthehorizon!Gourmet, farmhousekitchen,adjacentdining/living, leadingthroughglassdoorstocoveredpatio& hottub.Mainfloorprimarysuite&spabath, bed,bath, office,powderroom&utilities. Lowerlevelmulti-uselivingarea,2bed,bath, bonusroom,securevaultroom&ample storage!Heated3cargarageleadstobonus theaterroom,1/2bath&adjacentheatedshop offeringworkshoparea&roomfor3+cars withtrayceilingreadyfor2car lift.RVParking, shed&convenientlocation!

302 Pavestone Trail| Billings, MT 59106

NotYourOrdinaryRealEstateAgents

A Luxury Certified Real Estate Agent for Berkshire Hathaway HomeServices is much more than a title.

To qualify as a Luxury Collection SpecialistSM a sales professional must have closed three qualifying* luxury sides within the past two years. The designation is valid for two years. To retain the designation for a third year, the sales professional must close at least one luxury transaction during the second year and actively participate in the Berkshire Hathaway HomeServices Luxury Collection marketing programs.

*Qualifying sides = Top 10% of the sales professional’s local market.

Susan B Lovely 406-698-1601

Anita Dolan 406-869-7639

Cindy Dunham 406-425-0182 Karen Frank 406-698-0152

Erika Burke 406-544-8033

Beth Smith 406-869-7648

Carlene Taubert 406-698-2205

Melissa Utley 406-861-7663 Jeff Watson 406-672-2515

Tom Hanel 406-690-4448

Stella Ossello Burke 406-690-9955

Robin Hanel 406-869-7645

Catie Gragert 406-697-4321

Kim Gottwals 406-696-3675

Rhonda Grimm 406-661-7186

Lance M. Egan Broker

(406) 698-0008

lance@floberg.com

www.berkshirehathawayhs.com/

$875,000

2005 Parade Home Beauty

Bedrooms: 2

Bathrooms: 2 full, 1 half

5,166 sq. ft. on 0.25acres

Year Built: 2004

Custom built 2005 Parade Home. Cherrywood floors through the entry, living, dining and kitchen spaces with various ceiling effects and indirect lighting. Extensive windows and skylights warm the sunroom accessed by the living room and master suite and opens to a large patio with stamped concrete accents. A chef's delight, gas cooktop, granite and Corian tops, double ovens, island and pantry. Master suite features double walk-in closets, double vanity and soaking tub. Convenient main floor office could serve as 3rd bedroom. Professionally landscaped, corner lot. Heated 3-car garage. Water feature with pond.

1517 Westridge Dr | Billings, MT 59102

1320 Bandon Dunes Way | Billings, MT 59106

$874,900

75 Big Sky Drive | Red Lodge, MT 59068

$789,000

RECENTLY SOLD PROPERTIES MARKET A MARKET ACTIVITYCTIVITY

The real estate market is still moving quickly, luxury properties seeing a median of45 days on the market so far this year. Here are some recent sales in the luxury market.

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED.

bhhs@floberg.com www.bhhsfloberg.com

Maya Burton 406-591-0106

4909 Gold Creek Trl|Billings, MT|$679,000

Anita Dolan 406-860-5576

6253 Ironwood Dr|Billings, MT|$599,900

Lance Egan 698-0008

3319 Lloyd Mangrum Ln|Billings, MT|$895,000

Melissa Utley 406-861-7663

2620 Clarks Point Dr|Laurel, MT|$1,375,000

Jeanne Peterson 406-661-3941

5214 S Thunder Mountain Sq|Billings, MT|$639,900

Lance Egan 406-869-0008

2529 Buffalo Ridge Trl|Billings, MT|$749,000

RECENTLY SOLD PROPERTIES

MARKET A MARKET ACTIVITYCTIVITY

INFORMATION HEREIN DEEMED RELIABLE BUT NOT GUARANTEED.

7409 Charolais St|Billings, MT|$849,000

4917 Gold Creek Trl|Billings, MT|$650,000

2528 Aspen Creek Trl|Billings, MT|$765,000

4435 Ridgewood Lane S|Billings, MT|$980,000

Team Hanel

6117 Timbercove Dr|Billings, MT|$949,900

Stella Ossello Burke 690-9955

4362 Poly Dr|Billings, MT|$809,000

6236 Western Bluffs Blvd | Billings, MT 59106

$749,000

634 Cole Drive| Red Lodge, MT 59068

$748,000

1755 Weldon Road | Billings, MT 59101

$715,000

4706 Sky Vista Court | Billings, MT 59106

$699,000

2508 Aspen Creek Trail| Billings, MT 59106

$699,000

2514 Buffalo Ridge Trail| Billings, MT 59106

$689,000

4927 Silver Creek Trail| Billings, MT 59106

SPRING 2023

Whether you own a home or looking to buy or sell one, here are the latest Good To Know articles for when you’re ready to take the next step in finding your Forever Home.

Is Now the Time to Buy a Home?

As the spring homebuying season kicks off, you may be ready to buy a home of your own, but continuing inflation, high home prices, and high interest rates may be giving you pause. Is now a good time to buy a home?

According to a new report, national mortgage rates have gone from a high of 7.37% in October, to 6.2% into January 2023 . Home prices in November were 2.5% lower than the peak achieved in spring 2022, and 42% of home sellers offered concessions in Q-4, 2022. Further boosting confidence, the job market has improved. In January 2023, the national unemployment rate lowered to 3.5% as employers added an unexpected 223,000 new jobs. While those shifts aren’t monumental, they’re making some consumers feel better about the housing market; homebuyers believe home prices will fall through Q3-2023, and they also said they believe mortgage rates will come down, despite the Federal Reserve’s determination to tame inflation by increasing interest rates.

Let your Berkshire Hathaway HomeServices network professional show you the latest sales trends in the area where you want to live with a custom competitive market analysis. You may be pleasantly surprised that now’s the time to buy.

Small Home Improvements, Big Results

If you’re selling your home, you can make small improvements with little money or time spent to increase your home’s appeal. Your home’s front entrance is crucial to first impressions. Add a new steel door or paint your existing door with a trendy new color. Round out the look with a new welcome mat, a new framed house number, a freshly painted mailbox, and planters of fresh greenery or flowers.

Regular exposure to dirt, dust, spills and high foot traffic makes wood and carpeted floors look dull, dirty and distressed. Polish your hardwood flooring when you list your home. Weekly vacuuming can pick up topical dirt from your carpets, but it takes professional equipment and cleaning solutions to remove stains, pet odors, allergens, dust mites, and deeply embedded dirt. Your carpets will look like new and last longer, too.

Crown molding and trim can transform a room, and it’s available already painted or you can paint it yourself. Replace switch plates with modern ceramic. For small spaces, add decorative or modular shelving to an unused wall. Cut out drywall to make a recessed display for books or collectibles to eliminate tabletop clutter and make your home appear larger.

FINANCE, HOME OWNERSHIP, MARKET TRENDS

HOME IMPROVEMENT, HOMEBUYERS, HOME SELLERS

542 Avenue C | Billings, MT 59102

$580,000

6514 S 12th Street | Huntley, MT 59037

$564,000

$512,000

Anita Dolan

Sales Professional, VP

406-860-5576

anita.dolan@floberg.com

www.bhhsfloberg.com/billings/anita-dolan/ cid-1028042

Briarwood Beauty

Bedrooms: 5

Bathrooms: 3 full, 1 half

4,140 sq. ft.

Year Built:

Amazing 3 level home. 5 bedrooms / 3.5 bathrooms. 3 upper-level bedrooms / main level master suite. Living room with very tall, vaulted ceiling & gas fireplace. Kitchen w/ wine storage, island, breakfast nook, & stainless appliances. Formal dining/den, Main level laundry & upper-level laundry available. Huge master suite w/ sitting area and deck access. Lower level, family room, work out room, & office. Enjoy the privacy on your back deck with NO backyard neighbors!!! Fenced yard, & extra parking.

2952 Tartan Road | Billings, MT 59101

2418 Greenbriar Road| Billings, MT 59105

$510,000