Missoula Midtown Market Minute

What’s up in Missoula’s Midtown? Hey Missoula, get ready for the Midtown Minute, some quick real estate and development news from the center of the city. The old Fat Cat building continues to take shape, with Horizon Credit Union planning to move in once renovation wraps up. With about 5000 square feet under construction, we’ll […]

Montana Pet Friendly Rentals

Pet Friendly Rentals in Montana: Pros & Cons Allowing pets in rental units has long been a fraught topic. Especially in pet-friendly towns like Missoula, Billings, and Bozeman, there is a dearth of available rental properties that accommodate animals. What’s a landlord – or a renter – to do? Cons Any animal can cause a […]

Wait – Where is Missoula Midtown Exactly?

Master Plan Recommends New Missoula Midtown Boundary – And We’re Here For It  Master Plans are spawning around Montana. Sign up for Sterling CRE weekly emails to keep up on master plan news across the state.  Emily Brock presented an updated Midtown Master Plan at the Missoula Redevelopment Agency meeting on June 17 (you can […]

Montana Microsewers: Clever? Or Crappy?

What are Microsewers and how can Montana benefit? In housing constrained markets like Missoula, Montana, developable land with existing infrastructure is hard to come by. Connecting to city sewer costs, on average, $3,206 – and that doesn’t account for trenching, labor, and other costs developers incur.  And that’s if city sewer is available. If the […]

Missoula Housing Preferences Shifting

Missoula Housing | Prospective Buyers Switching It Up  The last best place has become the first and best option for people looking to move. It’s not just out of staters, either. Montanan’s are leaving smaller cities for job opportunities in larger markets like Billings, Missoula, and Bozeman. As the demographics change in these cities, what […]

Are Short Commutes Behind the Montana Population Boom?

National Association of Home Builders Notes Housing Boom in Areas with Short Drive Times  We’ve all heard about nightmarish commute times, with some folks clocking hours a day behind the wheel or on a train to get to work. Palmdale, California came in with the longest commute times at 85 minutes, followed closely by other […]

CRE 101: Limited Partnerships in Montana

 If you keep up with Sterling CRE market analysis, you know that commercial assets are hard to come by in some of Montana’s hottest markets, like Missoula and Bozeman. So, how can you get into commercial real estate investment when direct ownership isn’t an option? How does that work?   Sometimes, Montana CRE limited […]

Montana Rental Application Fees on Chopping Block?

In Montana, apartment rental application fees were up for debate briefly in the legislature. While that bill (SB241) didn’t make it out of committee, it’s likely not the last time this issue will surface, as application fees have raised plenty of questions in places like Bozeman, Missoula, and other desirable Montana cities with growing populations.  […]

Do You Want to Live/Work in Montana?

Who doesn’t want to live/work under the Big Sky? Live/Work Projects make headway in Montana.  With more entrepreneurs per capita than any other state in the nation, there’s no short supply of hustle in Montana. It makes sense that live/work style units are successful in the state, namely in Bozeman and Billings.  In Missoula, a […]

Ask a Builder: Missoula Housing Outlook

Montana Builder on the outlook for housing in Missoula and changing consumer preferences  “A lot of smart people have been working on this for years.” That’s what Ryan Frey with Saddle Mountain Construction says of Missoula’s housing crunch. As a home and commercial builder with 20+ years of experience, he’s intimately familiar with the ongoing […]