My Page: Yogesh Simpson
REal estate & development in the northern rockies
Partnerships and Profitability in Rural MontanaAs more and more of the rural West is consumed by development what are the biggest challenges to maintaining traditional uses and providing opportunities for the next generation of farmers and ranchers?
This was the difficult question posed to a panel of farmers, ranchers and land managers Friday at the second annual Real Estate and Development in the Northern Rockies conference in Missoula.
“I see the biggest challenge as trying to maintain the working landscapes in the valley,” said Hank Goetz of the pioneering land management cooperative the Blackfoot Challenge. “The other factor that we really haven’t begun to deal with is the affordable housing part of it -- for the young people and the young families in the valley.”
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real estate & development in the northern rockies
Old Buildings, New Ideas
Adaptive re-use was a buzzword dominating the first “showcase” segment of NewWest.Net’s second annual Real Estate and Development in the Northern Rockies conference in Missoula Friday.
The slideshow presentation featured creative new projects in Whitefish, Billings and Red Lodge.
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Real estate & development in the Northern Rockies
Amenity Properties Hot, Entry-Level Housing Not
NewWest.Net’s second annual conference on Real Estate and Development in the Northern Rockies kicked off this morning at 10,000 feet, with an aerial view of the housing market from economist Christopher Thornberg.
The first panel of the conference, right after Thornberg’s presentation, was more on the ground level. The panel, a mix of developers, investors and real estate agents, looked at the trends in the housing markets in and around Missoula, Hamilton, Bozeman, and Coeur d’Alene.
In summary, the panelists said across the board, the national slowdown in the housing market is hitting hardest on the low end of the market. But for the most part the amenities offered by many areas of the Rocky Mountain West are still attracting mid to high-end buyers resulting in a softer blow to real estate than is being felt in the country at large.
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