As we speak’s indicator is a photograph of an indication that we noticed within the Bozeman Day by day Chronicle. It was of a younger man in a winter coat holding this cardboard signal that learn “PLEASE promote me a house” in all capital letters. Which made us surprise: What is going on in Bozeman? And who is that this man?
Meet Sean Hawksford. He owns his personal development firm and has lived in Bozeman for 10 years. He isn’t from Bozeman, though his spouse is, so he will get some native credit score for having married an area. And this concept of being an area is necessary proper now due to what is going on on with the housing market: Folks from coastal cities with a lot greater median incomes are more and more in a position to do their jobs from anyplace. In order that they’re taking their greater incomes and shopping for properties in cheaper markets like Bozeman. It is a pattern that is driving housing costs up and inflicting housing inventory to fade in lots of markets. Backside line: if you’re a Bozeman native — even a well-to-do native like Sean — shopping for a home may be financially inconceivable.