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The Downsides of Whitefish’s Booming Real Estate Market


By Kate Downen, 6-19-06

Tonight on NPR's Montana Evening Edition, Whitefish, Montana's painfully high (or beautifully high, if you're selling) real estate market will be featured. MTPR's website gives a pre-cap of tonight's report:

"What was once an ordinary working class town now offers some of the most expensive real estate in Montana. In our continuing series on poverty in the state, reporter Kevin Maki visits Whitefish, a community where affordable housing is frequently out of reach - even for many of her long time residents."

The real eastate market has been on fire here for a number of years. A February Daily Inter Lake article reported that more than a billion dollars in commercial and residential property changed hands here last year, fueled by factors like population growth, investment buying and limited land supply. That was a 25% increase from just 2004.

I also read the other day that Northwest Montana houses 25% of the state's realtors. My hairspray, power-skirt-suit and Bluetooth earpiece phobias aside, that's an overwhelming statistic.

I hear the same wistful line from different mouths on a weekly basis: "If only I'd bought that lot/house/five square feet of toxic waste site five years ago..." It's become old hat to read special reports on inflated and increasing Flathead Valley real estate prices.

Sometimes we like to hear the big numbers. They're ego-strokers. They make us feel like we're where it's at. After all, it was in Whitefish, circa 1990, that Kiefer Sutherland and Julia Roberts bought a large symbol of (real estate) love for one another on Big Mountain Road. You remember what happened next: Kiefer and Julia broke it off, Julia seemed to have left her best, prettiest (woman) days behind and the world forgot about Kiefer for about ten years.

Whitefish did not have a similar fate. In the past 40 or so years Whitefish has morphed from the working class, dirt road town that MTPR mentions to a manicured, cutesy-pie real estate mecca. We think that's fine and dandy, especially if we've got plenty of money and our own piece Whitefish.

I suspect Montana Evening Edition's report, though, won't take the "look at us, we're on top of the world" angle (did you catch the word 'poverty?'). We've been talking affordable housing, haves and have-nots for a while now here in the Flathead. I look forward to hearing MTPR's report this evening. It airs tonight at 5:30 on your local Montana Public Radio station.

I hope you're listening, Whitefish.



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