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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: John Vosilla who wrote (45594)12/10/2005 11:47:06 AM
From: Amelia CarharttRead Replies (2) of 306849
 
"Given Billings was the largest city in a 280k square mile radius I bet there is some dirt cheap property on big acreage tracts up that way that even folks cashing in their chips from Danville can buy." I'm afraid that ship has sailed.

Although, I live in the NW corner of Montana, the little berg that is near here is about as brain dead as they come. It was a bargain 3 years ago when I moved here but no longer. It has since been discovered. Prime 40 acre parcels, with timber and live water, go for $20k/acre. I paid $6,250 for such a piece just three years ago. The locals thought I was cracked. Dumb like a fox I always say. :)

In Kalispell, just 65 miles south we have recently gotten, Home Depot, Lowe's, Target, Best Buy, Bed Bath & Beyond, Borders, etc and the biggest Costco in Montana. If you want cheap land in this state you'd better giddyup! Course there are still large tracts over on the Rocky Mountain Front that are much cheaper. But, you'd have to be one masochist to want to live there.
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