Eureka Montana Real Estate

With all the News about a Recession. I get many questions on whether this is or will affect the real estate market in Northwest Montana. The thing is with the Sub-prime Lending situation and the stock market as it is, there may be no way out of a recession. I read more news articles each day on it and it was even on the nightly news last night. Is it bad for Real Estate... Yes VERY BAD ... Real Estate Values are tanking everywhere .......... But THE GOOD NEWS IS, with our American DOLLAR sucking So Bad that the Canadian dollar is now worth more, with this we see an influx of Calgary Money, especially Calgary oil, the dollar is so bad for us right now that it is VERY GOOD for Real Estate in Northwest Montana. 80 percent of my real estate calls and email are from Alberta and have been for the last 6 months. With everything I have read online, I see no end in site for the US economy, which is good for Canada, I suppose. Our websites get a whole lot of traffic from Calgary and they are definately interest in buying recreation property in Northwest Montana.

Check Out these Real Estate News Articles

http://money.cnn.com/2007/11/06/real_estate/home_prices.fortune/?postversion=2007110711

http://seekingalpha.com/article/53463-doubling-down-on-continued-weakness-in-real-estate-financials

http://www.nytimes.com/2007/11/08/business/08borrow.html?ref=us

http://www.prleap.com/pr/100308/

http://www.news-press.com/apps/pbcs.dll/article?AID=/20071020/OPINION/710200452/1015