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10 States Losing the Most Residents

Posted December 18, 2010 in Real Estate Sales

Sourced from: Daily Real Estate News | December 17, 2010
10 States Losing the Most Residents
Using data from Moody’s Economy.com, Forbes identified the top-10 states where more residents are leaving than arriving.

The factors that encourage outbound migration from these states are mostly economic — high employment and high cost of living — although both Louisiana and Mississippi have been affected by natural disasters.

The 10 states that have said goodbye to the most residents are:

1. New York
2. Illinois
3. Ohio
4. Nebraska
5. Kansas
6. Iowa
7. Louisiana
8. North Dakota
9. South Dakota
10. Mississippi

Source: Forbes, Jenna Goudreau (12/08/2010)

Optimizing Renewable Energy POWER…

Posted November 18, 2010 in Real Estate Sales

Butte Supercomputing Company to Help Site Wind, Solar Farms
Source: Great Falls Tribune
November 16, 2010
A new collaboration between the Rocky Mountain Supercomputing Centers in Butte and the global security firm, Northrop Grumman Partners, will boost wind and solar projects in Montana.
The Maximizing and Optimizing Renewable Energy POWER initiative will leverage the RMSC on-demand supercomputing resources and Northrop Grumman’s unique site-selection tool to help identify the most efficient and productive networks of wind and solar farms for renewable energy projects.
“Max’s Economic Development Summit in Butte this past September helped make our MORE POWER partnership possible,” said Earl J. Dodd, executive director of Rocky Mountain Supercomputing Centers. “At the Summit we were able to bring the right people together, kick discussions into high gear and turn our ideas into real business opportunities.”
“I support any effort to bolster Montana’s position as a national leader in the renewable energy sector,” Baucus said. “This is a great example of teamwork to move us closer to our goal of creating good-paying jobs in Montana. It’s important to continue to draw upon our resources – like the Rocky Mountain Supercomputing Centers – to develop new opportunities in renewable energy.”
The MORE POWER initiative aims to lower the cost of operations by identifying an optimized network of wind farm locations and maximizing the ability to sell energy produced.
Northrop Grumman and RMSC are collaborating to provide MORE POWER services for the state of Montana to help establish governance guidelines for the state’s expansion of wind generation.
—

Tagged: Montana Economy, Projects in Montana, Renewable Resources

The Road Back to ‘Normalcy’

Posted November 15, 2010 in Real Estate Sales

Elections, foreclosure moratoria, the NAR annual meeting – a lot has happened since last month. We do seem to be stuck in one of those good news/bad news cycles. As NAR Chief Economist Lawrence Yun explains in his commentary, housing seems to be taking two steps forward, one step back on the road to a full recovery. What will it take to get us back to normalcy?

Tagged: real estate for sale

CEO of Global Real Estate Firm “Jones Lang LaSalle” Pooh-poohs the notion of another real estate downturn…

Posted September 10, 2010 in Real Estate Sales

Jones Lang LaSalle CEO: No Double-Dip
The CEO of global real estate services firm Jones Lang LaSalle pooh-poohs the notion of another real estate downturn.

“We don’t expect a double dip,” CEO Colin Dyer told reporters in Asia on Friday. “Our sense is that the corporate clients that we deal with are liquid, they have amassed a lot of money, they are looking for ways to invest.”

Jones Lang LaSalle manages about $40 billion of real estate investments for its institutional clients globally. More than two-thirds of the clients are in the U.S. and Europe, while 25 percent are in Asia.

Source: Reuters News, Soo Ai Peng (09/10/10)

Tagged: real estate investing

Barney Creek Ranch Featured in Farm & Ranch West

Posted September 1, 2010 in Real Estate News

In Paradise Valley, the world is a breathtaking canvas of natural beauty conveyed in layers: towering mountains, sloping foothills, extensive valleys and a roaring river that shapes and gives life to it all—a scene perfectly scripted and infinitely inspiring.

Once owned by American novelist and screenwriter Thomas McGuane, III, Barney Creek Ranch was a place of inspiration, a private retreat where he bore witness to the ever-changing American West: its storied past and its uncertain future. Today, one thing is certain. Barney Creek remains a place where natural beauty and historic buildings still dominate the landscape, vastly untouched.

“It’s exceptional. There’s really no other way to describe it,” said Tracy Raich, owner of Raich Montana Properties, LLC and a consistent top seller in the southwestern Montana real estate market. “You can see beauty throughout Paradise Valley, but Barney Creek really lets you live it. This is one of the most exceptional recreational properties of this size to come on the market.”

Great Real Estate Buys in Livingston, MT

Posted June 13, 2010 in Real Estate Sales

Though the real estate market is what some may consider saturated with spectacular deals, the following two properties (Barney Creek Ranch and Montana Homestead) are truly one of a kind finds, each in their own right. Both properties located in Montana’s Paradise Valley (a short distance from Livingston, MT) have been price adjusted.

Situated on the banks of the Yellowstone River, Livingston, Montana is surrounded by three stunning mountain ranges: the Crazy, Absaroka and Bangtail ranges. At the foothills of the Absaroka/Beartooth Wilderness, Livingston is as diverse as it is picturesque. People from all walks of life make Livingston their home. Artists and actors share the wide streets with ranchers, cowboys, and forest rangers.
Whether searching for a quaint mountain town in which to live on a part-time or full-time basis, Livingston might be just what you’re looking for. For more information on area resources, please visit https://tracyraich.com/area_resources.html .

MONTANA HOMESTEAD
This early historic property sits in the distinctive Pine Creek area of Livingston’s Paradise Valley. Old-timers from the area say this is one of the first homesteads settled and may have been part of the Shorthill Ranch. Mr. Shorthill was an officer from the Civil War who came to Montana in the late 1800’s to settle after being wounded in battle. One of his daughters married an attorney from Livingston, and her wedding present was the land upon which the original house sits. They built the original house sometime between 1890 and 1900, with the living room being expanded in 1910. There are remnants of tepee rings on the property, and it is rumored that Daniel Boone stayed at the property during his late 70’s. In 1971, renowned novelist and screenwriter William Hjortsberg purchased the property and raised his family here until 1980. Hjortsberg wrote many books in the tower of the house, including “Falling Angel,” which was the basis for the film Angel Heart (1987). William Hjortsberg still resides in Livingston, Montana, and has shared many wonderful memories of his time at the Montana Homestead. In the ’90’s the Hjortsberg family sold the property to a woman from Seattle, who then sold to the current owner who exquisitely remodeled the Victorian home in 1998 while maintaining its original architectural detail and elegance. The 14-acre property commands breathtaking mountain views and offers abundant wooded acreage, with the beautiful Pine Creek flowing through. Capturing the essence of this 14-acre estate are the extraordinary main house, a classic three-stall horse barn with hayloft, tack room and corrals, wood-burning sauna (which was originally the coal house), impeccable gardens, and the charming furnished guest cabin located across the creek. Tucked away in the forested Pine Creek area of Paradise Valley, offering mature trees and lush landscapes that provide wind break, this estate is in one of the most desirable regions of Montana. With easy access to the Yellowstone River, National Forest, a multitude of recreational activities, and the vibrant downtown Livingston, this Montana Homestead is a masterpiece of luxury mountain living.
New Price: $1,600,000
–>

BARNEY CREEK RANCH
This stunning ranch is located in the Paradise Valley, just 20 minutes south of Livingston, Montana. This rare property offers an abundance of recreational opportunities encompassing 661+/- deeded acres that extend from the Yellowstone river valley to a forest service border adjacent to thousands of acres of wilderness. Stretching across diverse topography, the Ranch is a mix of meadows, rolling hills, mature aspen stands, coniferous forest, lush creek frontage, and grasslands. Water amenities include over 1000′ feet of Barney Creek and irrigation rights out of Pine Creek providing flood irrigation to approximately 40 acres of pasture, and 40 acres of hay ground. Improvements include a renovated 1917 farm house, a well-maintained 1920’s barn, a small guest house, indoor and outdoor riding arenas, wilderness cabin (moved onto the ranch in the 80’s by American author Thomas Mcguane), and various agricultural outbuildings. Exclusive access to public lands along with the large populations of elk, mule & whitetail deer, birds of prey, wolves, mountain lion, moose and bear provide year around recreational opportunities including private hunting, skiing and hiking. Barney Creek Ranch is surrounded by three mountain ranges with stunning vistas of the Yellowstone River basin and the nearby wilderness area. Celebrated fisheries and Yellowstone National Park are a short distance away. Airport access is convenient for both private and public flights.
New Price: $6,995,000

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NOTICE: The real estate offerings contained herein are subject to errors, omissions, prior sale, change or
withdrawal without notice, and approval of purchase by owner. Information regarding land classifications,
acreages, carrying capacities, potential profits, etc., are intended only as general guidelines and have been
provided by sources deemed reliable, but whose accuracy we cannot guarantee. Prospective buyers
should verify all information to their satisfaction.

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