Monthly Blog post
Dianne's Newsletter
Stay up to date with market trends, home improvement ideas, buying and selling advice, and everything else that falls under the real estate umbrella.
August 2023
A Look into Gallatin Valley School Districts 📚
As Bozeman expands in population and size, so do its schools. In my profession, I get a lot of questions about school boundaries within Bozeman and the surrounding areas. Here is a layout of these areas starting within the Bozeman school district and moving West to Belgrade then Three Forks.
All the maps below are pulled from the Bozeman School District mapping system and google maps. Both are efficient ways to find exactly where the school boundaries lie.
Bozeman
Elementary
Middle School
High School
Belgrade (K-12)
Three Forks (K-12)
There are more defined boundaries and more schools within these boundaries so if you have more detailed questions please don’t hesitate to ask me and we’ll find out exactly the district you’re looking to buy in.
Cheers,
Dianne Click
July 2023
Market Update 📊 Interest Rates
Mortgage interest rates have been more of a focus for the past year for home buyers. We saw historic lows during 2020 through 2021, setting a new precedent for home lending. Over the past year the feds have adjusted this rate to reflect a more realistic rate and this percentage has doubled since the low. The 30-year conventional rate has hovered from 6-7% for the first two quarters of this year compared to the 4.5-5% we saw a year ago. Below is a comprehensive look at the 30-year vs the 15-year rate over the past year and a glimpse at the 30-year rate over its entire lifetime (at the very bottom of the graphic) provided by Freddie Mac.
Now that the 6% range has become the new norm for 30-year mortgages, Buyers have re-entered the market since the beginning of the year. Investors are more discerning, but home buyers are out in droves again. As always, if you have questions about interest rates and how it affects buying or selling you, I am your person! Ask away!
Respectfully,
Dianne Click
June 2023
Relocation Information
Life takes us in so many directions. Relocating to a new city or even a new part of town can be stressful for all sorts of reasons. All the moving parts, physical and emotional, can feel overwhelming! Luckily, I am here to help ease the real estate side of this whole process. If you are looking to relocate here or elsewhere, here are some of my go-to tips in this process:
- -Lock-in your financial expectations. If you’re moving to a new area of the country or even across the state, deep dive into everything from the costs of day-to-day items (energy costs, groceries, childcare, etc.) to the tax structure (property/sales/income) of the area.
-If you’re looking at selling and buying, start by talking to me (or a real estate professional in your area) to get current data on what is happening in the real estate market. What are the anticipated days on market? What can you expect to financially receive from your home? What sort of improvements need to happen prior to listing your home? What can you purchase within your budget?
-Understand the job market. As a real estate professional, I meet with a lot of industries and people from different professional backgrounds giving me a good pulse on how the economy and job market functions in our area. Ask away!
-If possible, try to tour the area/new space in person for longer than just a few days. There’s nothing like getting the real feel of a place. When you know, you know.
-Make a plan for the unpacking portion of your move. This step can be easily overlooked. Allow yourself time and extra assistance for unpacking as this can change your first impression of your new space/town.
As always, please don’t hesitate to ask me about any step of your process along the way.
“Life is like a bicycle, to keep your balance your must keep moving” – Einstein
Cheers to the summer days to come,
Dianne Click
Previous monthly newsletters
- May 2023: Bozeman Springtime Events!
- April 2023: Preparing Your Property for Sale
- March 2023: 28 Years in Real Estate
- February 2023: Buyer’s Market
- January 2023: Forecasting the 2023 RE Market
- December 2022: Moving Your Business to Montana
- July 2022: The Reality of Mortgage Rates and How to Succeed
- June 2022: Why Are There So Few Homes on the Market?
- April 2022: How much is my home worth?
- March 2022: Spring Into Action!
- February 2022: Rising Mortgage Rates
- January 2022: A Warm Welcome to 2022
- December 2021: Wrapping up the Year
- November 2021: Your Real Estate Update
- October 2021: Bozeman Housing Update and More!
- September 2021: What Data is the Correct Data?
- August 2021: Dog Days of Summer
- July 2021: Happy ~Montana~ Summer
- June 2021: Your Market Update… Round 2!