Missoula housing has always had its quirks, usually related to lack of industry & out of state buyers.
Here is a recent article by Don Fisher that discusses this issue & offers a survey sponsored by a partnership between the Missoula Organization of REALTORS, the City of Missoula, Missoula County, the Missoula Economic Partnership, the Missoula Building Industry Association, and the Missoula Area Chamber of Commerce & business sponsors.
The Missoula Organization of Realtors, in conjunction with the City of Missoula and other local partners, are giving residents the opportunity to give feedback on a increasingly difficult, and expensive, housing market for buyers. As the median home price in Missoula continues to grow, officials are turning to the public in a search for answers.
The Missoula Organization of Realtors says the main problem is that Missoula’s cost of housing has far outpaced incomes in recent years. In 2016, the median sales price of a home reached a record high of $255,000. But that continues to rise, with today's price close to $270,000.
In response, local organizations launched the "Making Missoula Home: A Path to Attainable Housing" initiative. Part of that is this new survey, asking residents to give them an idea of what they're looking for.... Read Full Article Here
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