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Montana Solar Power

Posted September 4, 2009 in Real Estate News

We in Montana know a thing or two about sunshine.  We also know what extraordinary powers the suns rays can do to help power our businesses and heat our homes.  Check out the below article to see how solar power is being used in our home state.

http://www.montanagreenpower.com/solar/

What we know about solar in Montana

Montana has an abundant solar resource that can be used to save energy in residential and commercial construction, and farming, ranching, recreation and other industries.

How Solar Energy Benefits Montana

Solar energy can play a key role in creating a clean, reliable energy future in Montana. The benefits are many and varied. Consumers who use these technologies will benefit directly and immediately. Using solar energy produces immediate environmental benefits. Electricity is often produced by burning fossil fuels such as oil, coal, and natural gas. The combustion of these fuels releases a variety of pollutants into the atmosphere, such as carbon dioxide (CO2), sulfur dioxide (SO2), and nitrogen oxide (NOx), which create acid rain and smog. Carbon dioxide from burning fossil fuels is a significant component of greenhouse gas emissions. These emissions could significantly alter the world’s environment and lead to the global warming predicted by most atmospheric scientists.

The combustion of fossil fuels releases more than 6 billion tons of carbon into the atmosphere each year. The United States alone is responsible for 23 percent of these emissions. Clean energy sources, such as solar energy, can help meet rising energy demands while reducing pollution and preventing damage to the environment and public health at the same time.

Solar energy is an excellent alternative to fossil fuels for many reasons:

  • It is clean energy. Even when the emissions related to solar cell manufacturing are counted, photovoltaic generation produces less than 15 percent of the carbon dioxide from a conventional coal-fired power plant. Using solar energy to replace the use of traditional fossil fuel energy sources can prevent the release of pollutants into the atmosphere.
  • Using solar energy to supply a million homes with energy would reduce CO2 emissions by 4.3 million tons per year, the equivalent of removing 850,000 cars from the road.
  • Solar energy uses fewer natural resources than conventional energy sources. Using energy from sunlight can replace the use of stored energy in natural resources such as petroleum, natural gas, and coal. Energy industry researchers estimate that the amount of land required for photovoltaic (PV) cells to produce enough electricity to meet all U.S. power needs is less than 60,000 square kilometers, or roughly 20 percent of the area of Arizona.
  • Solar energy is a renewable resource. Some scientists and industry experts estimate that renewable energy sources, such as solar, can supply up to half of the world’s energy demand in the next 50 years, even as energy needs continue to grow.

Montana’s solar resource

Solar energy technologies work well in the Northwest. The graph shows that many Northwest cities, including Helena, rank above Jacksonville, Florida, and are nearly as good as Phoenix. Longer summer days and cooler temperatures add up to higher performance.

Montana’s abundant solar resource can be used to save energy in residential and commercial construction, and farming, ranching, recreation and other industries. The amount of sunshine available at a given location is called the “solar resource” or insolation. The amount of electrical energy produced by a PV array depends on the insolation at a given location and the collector bank orientation, tilt angle, and module efficiency.

Montana can be divided for insolation roughly the way it is divided geographically – Eastern Montana and Western Montana. Eastern Montana receives an annual average of 5 hours of full sun; Western Montana receives an annual average of 4.2 hours.

Browse these pages for information about solar basics. Solar dealers and installers are usually the best source of how-to information for people contemplating a solar project for a home or business. A Montana directory of dealers/installers is available on line.

Tagged: green energy, Montana solar power, solar energy

Housing Market Update Reads Positive

Posted September 1, 2009 in Real Estate News

by Kenneth R. Harney – Tue, Sep 1, 2009

Name just about any housing market or economic indicator you can think of, and the odds are good that last week it was much better than the preceding week or month.

Start with resales of existing homes. They were up by 7.2 percent in July over June, according to the National Association of Realtors. That was the fourth consecutive — and by far the largest — monthly increase so far this year.

And check out new home sales. They were up by nearly 10 percent in the latest report from the Commerce Department. The gain was the biggest monthly change in sales since February of 2005. It pushed inventories of unsold new houses to their lowest point in 16 years.

Consumer confidence also was sharply higher, according to the Conference Board’s widely watched index, up seven points in August over July. Lynn Franco, director of the Conference Board’s consumer research center, said “consumers (are) more upbeat in their short-term outlooks for both the economy (as a whole) and the job market.”

The latest Case-Shiller home price index even turned positive! Case-Shiller’s national composite was up 2.9 percent comparing the first quarter of 2009 with the second quarter. That was the first quarter to quarter price improvement in more than three years, and we all know how spooky and bearish Case-Shiller has been throughout the housing downcycle.

Fully 18 of the 20 major markets tracked by Case-Shiller were positive for the quarter, even though on a year-to-year comparison basis, prices in the second quarter of 2009 were still 15 percent below the second quarter of 2008.

Mortgage applications and interest rates continued to be favorable as well. Total applications jumped by seven and a half percent last week, according to the Mortgage Bankers Association.

Rates remained low and stable: 5.2 percent for 30 year fixed rate loans, and 4.6 percent for 15 year mortgages.

Equally significant, some prominent analysts are saying the recession either officially ended sometime during the month of August, or will do so shortly, maybe in September.

The Mortgage Bankers Association’s top forecaster, Orawin Velz, said the national gross domestic product or GDP likely will RISE in the third quarter — ringing down the curtain on the deepest recession in decades.

Now, does this all mean that happy days are here again and the housing market can only go up as the recession comes to an end? Not with unemployment still above 9 percent and three million foreclosures forecast for the year.

Look for a slow-mending recovery, but one that looks like it will be led by housing. Today’s Local Market Conditions Report

Tagged: Home Sales, housing market, rebounding economy

Anthony Bourdain’s “No Reservations” comes to Livingston

Posted August 25, 2009 in Real Estate News

By Anthony Bourdain on August 22, 2009 1:03 PM

……..

The Lonely Planet Guide, discussing what happens if you are lost on a trail in the Darien bluntly describes you as “a goner.”  But on a wing and a prayer, brave Diane ventured out into the wild, hoping to find the spot and call New York so that at least by the time we got back to Panama City, somebody would be on the way with replacement cameras. The outcome of this foolhardy mission was uncertain at best. The return, against the current, difficult. This after having just returned from humping a pack up and down mountains and across slimy log bridges for four hours. But off she went.
When I look back on my life and career from some sputum stained hospital bed or while waiting for them to pry me from the wreckage of a car …or in the final seconds of consciousness after I slump to the ground while waiting on line for my fruit cup at Century Village, I’ll look back on the Montana show with no small amount of pride. I will smile and be proud that I had the honor, the privilege, the sheer joy of having Jim Harrison on NO RESERVATIONS. Jim is one of America’s greatest authors, poets, screenwriters—a gourmand of legendary reputation and a personality so big it’s barely contained by the landscape. I’ll be grateful that a painting by the awesome Russell Chatham now hangs on my wall. That fishing guide, wilderness cook, jack-of-all trades Dan Lahren showed me around. And that I got to spend many happy hours drinking at one of the world’s finest saloons, The Murray Bar.
Turns out they eat real well in Livingston, Montana, one of the world’s truly great towns in one of its most beautiful places. Seems like everybody’s got a freezer full of antelope liver. Livingston’s 2nd Street Bistro serves a meal on a par with any great city—often with better ingredients—and you’re just as likely to see a cowboy foraging for fresh morels as an ex-hippie in a pick-up with a gun rack.
When you see idiots on TV talking about the “real America,” they’re both talking about the Paradise Valley—and not understanding it at all. Livingston confounds any attempt to stereotype the West.

Tagged: 2nd Street Bistro, Anthony Bourdain, Livingston, Montana, Murray Bar, No Reservations

Pine Beetle Threat Grows in West

Posted August 24, 2009 in Real Estate News

It’s a serious issue that’s plaguing  our forests.  Pine beetles.  Whether they are nature taking its course, or a real threat to our livelihood, they’re here are don’t seem to be leaving….  read more….
By Karl Puckett, USA TODAY
Amy Gannon, hatchet in hand, sliced a slab of bark from a lodgepole pine tree near Wolf Creek, Mont., and quickly spotted a mountain pine beetle larvae no bigger than her pinky fingernail.

“This tree’s done for,” said Gannon, an entomologist with the Montana Department of Natural Resources and Conservation.

As wildfires roar through tinder-dry forests in California, the mountain pine beetle is silently killing even more trees — hundreds of thousands of acres of towering trees, mostly lodgepole pine, according to Robert Mangold, director of Forest Health Protection for the U.S. Forest Service.

An epidemic of this magnitude hasn’t been seen in the Mountain West in 25 years, he said.

In 2007, the beetles were blamed for killing 3.9 million acres of trees in Colorado, Montana, Wyoming, Oregon, Idaho, Utah and Washington, Mangold said.

By comparison, the fires in California had burned 640,847 acres as of July 14 this year, according to the National Interagency Fire Center. An average of 3.4 million acres has burned nationally each year since 2003, according to the center.

The current pine beetle infestation is the worst since 1981, when 4.7 million acres of trees were infected, Mangold said. He blames the outbreak on a perfect storm of drought, large stands of old trees and, possibly, warmer temperatures because of climate change.

“It’s shocking,” said Jeff Witcosky, an entomologist for the U.S. Forest Service in Lakewood, Colo. “We talk about the grieving process.”

While the impact has been enormous, Mangold said, the mountain pine beetle is a native insect that, along with fire, does play a role in the regeneration of lodgepole pines.

The pines have a hard cone that won’t open without a hot fire, he said. When the cones open, they dump out seed, creating a thick forest of trees of the same age. When the trees hit 80 to 90 years old, they weaken and become susceptible to the mountain pine beetle. The beetles kill the trees, creating more dry fuel for those fires, he said.

This month, the adult beetles are emerging from trees and looking for hosts they can bore into to mate and lay eggs, Gannon said. The beetles feed on the inner bark, severing the tree’s circulation, she said.

The large number of affected acres is increasing the risk of large fires as the Northern Rockies enters the fire season, said George Weldon, deputy director of fire, aviation and air for the U.S. Forest Service’s Northern Region.

“When there’s red needles on the trees, those trees are a lot more flammable,” he said.

After the needles fall off, the fire risk is reduced, but if the dead trees are not harvested, they create even more fuel for fires, he said.

Signs of bigger problems

The Northern Region of the Forest Service is spending $15 million a year to reduce hazardous fuels around communities, including trees felled by the beetle, Weldon said. The region is made up of Montana, northern Idaho and North Dakota.

Jesse Logan, a forest ecologist in Emigrant, Mont., sees evidence of a bigger problem in the beetle infestation than fire: global warming.

“This is one of the canary-in-the-coal-mine warning signs,” he said.

The beetles are now moving into higher elevations, where bitter winter temperatures used to keep them at bay, Logan said.

Once there, the bugs are attacking species besides lodgepole with new vigor, such as whitebark pines around Yellowstone National Park and the jack pine in British Columbia, Canada, he said.

“It’s like a new invasive species,” Logan said

The whitebark pine produces seeds that are a critical staple in the diet of grizzly bears, Logan said. Fewer pines of all kinds also means less shade cover for cool-water mountain streams where trout thrive, he said.

The trees also hold snow in place, slowing mountain run-off so water is available for irrigation deeper into the summer.

Mangold agrees warming temperatures are playing a role in the current outbreak.

“But the forests are in a state where we’d have this kind of epidemic probably with or without these temperatures,” he said.

Gordy Sanders, resource manager for Pyramid Mountain Lumber in Seeley Lake, Mont., which produces boards from logs, said the infestation is “devastating the countryside.” Anyone who owns standing timber is losing aesthetic land value, he said.

Slowing the spread

To ward off the pests, chemicals that mimic those produced by the beetles, causing them to pass the trees because they sense they are full of other beetles, are sometimes applied to high-value trees around campgrounds and homes, but the treatments are expensive, said Ken Gibson, an entomologist with the U.S. Forest Service in Missoula, Mont.

Forestry practices, such as thinning thick stands of pure species of trees, can also slow the spread, he said.

“We don’t have to sit around and watch trees die,” he said.

Tagged: mountain pine beetle

Real Estate Outlook: Price and Sale Gains

Posted August 18, 2009 in Real Estate News

by Kenneth R. Harney – Tue, Aug 18, 2009

Sales of existing homes and condos continue to power the real estate market, in some areas they’re up by double digits, and despite all the negative headlines about foreclosures, even prices are rising in many places as well.

Sales in the second quarter ending June 30 jumped by nearly 4 percent countrywide, according to the National Association of Realtors. Second quarter sales in 39 states were higher than the first quarter, as they were in 129 out of the 155 largest markets.

New York saw an impressive 22 percent increase for the quarter, as did Wisconsin. California, Michigan and Minnesota all registered double-digit sales gains compared with the second quarter of 2008.

Prices were still flat or down in markets where large percentages of sales are bank-owned REO. But in relatively healthy metro areas like Beaumont and Port Arthur, Texas, they were up significantly, by 11 percent over the second quarter of 2008.

In the Denver area during June, home prices were 6 percent higher than May, and resales increased by an eye-popping 32 percent, according to MDA DataQuick researchers.

Several of the national home price indexes also continue to point to more than a mere bottoming out — they’re documenting real turnarounds in key areas. The IAS 360 index reported a 1.2 percent average increase in its thousands of data-gathering submarkets and neighborhoods for June.

Average prices in Boston gained 2.9 percent for the month, according to IAS. In Chicago they were up 1.3 percent, Los Angeles 2.2 percent, San Francisco 1.7 percent, and San Diego 1.4 percent.

Meanwhile, mortgages continued their modest but steady gains, with new loan applications to buy houses up last week by about one percent over the previous week, according to the Mortgage Bankers Association.

Rates jumped slightly, however, with 30 year fixed conventional loans going for an average 5.4 percent, and fifteen year rates at 4.7 percent.

Conditions in the overall economy were more mixed than in the housing arena, but the big picture still has most economists, and even the Federal Reserve, encouraged that the recession will be over this year.

Fewer jobs were lost last month than expected and unemployment fell to 9.4 percent. But let’s face it: losing a quarter of a million jobs in the span of a month is still a serious drag on the economy – and is certainly no plus for housing.

On the other hand, is there anybody out there who wants to trade today’s mixed outlook with last fall’s horror show scenario, when we were all tottering on the edge of a global financial disaster?

No Recess for Housing

Posted August 17, 2009 in Real Estate News

by Kenneth R. Harney – Mon, Aug 17, 2009

The House and Senate may have left Capitol Hill for their August break, but housing lobbyists are busy at work gearing up a major campaign to extend the $8,000 home buyer tax credit.

The credit for first-time purchasers is scheduled to expire November 30.

The National Association of Home Builders and the National Association of Realtors want to persuade Congress to nail down an extension of the credit, and maybe even broaden its coverage, as soon as possible.

The home builders are mounting an aggressive campaign during the congressional recess. The association is sending out local teams of members to meet with congressmen and senators in their home districts, urging not only a one year extension of the credit, but an expansion of the concept to cover all home buyers next year, not just first-timers.

Though the endorsement may, or may not, have been connected with the home builders’ campaign, one of the most politically powerful Democrats has already signaled that he favors a one year extension.

Senate Majority Leader Harry Reid of Nevada, said he thinks “it’s something we can get done.” According to a report in the Las Vegas Sun, Reid made the comment last week during a conference call with Nevada reporters.

Meanwhile, the influential chairman of the Senate banking committee, Connecticut Democrat Chris Dodd, has teamed up with Georgia Republican Senator Johnny Isakson to sponsor a bill that would extend the credit for another year and expand it to a $15,000 maximum.

In the House, two bills have been introduced to extend and expand the credit for either six months or 12 months. The National Association of Realtors is strongly supporting the extension efforts, and is sending its own delegations to lobby key members of the House Ways and Means committee and the Senate Finance committee.

So with all this going on, is it a sure thing that the tax credit will be available in some form for home buyers next year? Should consumers who can’t quite make the November 30 deadline breathe easier?

Absolutely not. There is no sure thing on Capitol Hill whenever legislation looks like it’s got a clear path to passage. That’s when opponents hijack the bill or filibuster it in the Senate.

Nonetheless, extension of the credit looks like it has growing bipartisan support. Mary Trupo, legislative spokesperson for the National Association of Realtors, told Realty Times last week that “we feel Congress is receptive” to the message that the housing tax credit helps create jobs, and stimulates the economy.

But nobody should assume it’s a done deal, until it is. Today’s Local Market Conditions Report

Tagged: housing market, tax credit

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