Bozeman has had years of rising home prices and in 2023 we finally saw things calm down. Prices remain high, but they are not accelerating at the rate they have been which makes it an ideal time to be entering the Bozeman real estate market. High-interest rates have eased competition for buyers, and once those start to come down as predicted for 2024, experts anticipate prices creeping back up.

Yes! This is your opportunity to inspect the house before the official closing. It’s important because it gives the buyer a chance to make sure the home is in the same condition as it was the last time you saw it. You can make sure everything that was supposed to convey is there and that any repairs from the inspection contingency were made. It also allows the buyer to make sure the seller has moved everything out. It’s also a good idea to check the appliances during the walk-through to ensure everything is still as it was when you last went through the home.

In nearly all real estate transactions the sellers pay a listing commission. Standard listing commission is 5-6% of the purchase price of the home. This commission is split between the listing and buyer’s agent.

When there is a surplus of homes for sale and a shortage of buyer demand, it is considered a buyer’s market. During this type of market, buyers have an advantage to negotiate a lower sales price. Days on the market generally increase and price reductions are more common during a buyer’s market.

A home inspection is important to give you a clear picture of the home's overall condition. It will provide you with a top-to-bottom evaluation of the home’s physical structure as well as its mechanical and electrical systems. They check major appliances and inspect heating and cooling systems, attic, basement, walls, windows, floors, doors, and ceilings. These are important items to know are functioning before the final purchase of a home.