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Idaho at the forefront of the Gentrification of Rural America. Real estate market attracting local and out-of-state buyers to Cut Bank, Montana

January 24, 2008View for printing

"What we're seeing is a class colonization," says Peter Nelson, an associate professor of geography at Middlebury College and an expert on rural migration. "It really represents a shift in the nature of the economy from a resource-extraction economy to an aesthetic-based economy."

By CONOR DOUGHERTY

Full Story: http://online.wsj.com/article/SB1200 ... 001353.html

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Real estate market attracting local and out-of-state buyers

By Linda Bruch

"There is a little bit of everything to be found in the Cut Bank real estate market," said Laurie Elhard of Dye, Tavary and Judge. "There are little investment properties, move-in ready, high-end, low-end and fixer-uppers."

And while there is a something in the way of a home for everyone, there is also a price range for every budget. "Depending on location, condition and the home itself, we have had houses for sale ranging in price from $15,000 to $350,000," said Elhard. "Years ago it was uncommon to sell a house for over $100,000, but not so anymore."

by Brian Kavanagh

Full Story: http://www.goldentrianglenews.com/ar ... s/news1.txt
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Reprinted under the Fair Use doctrine of international copyright law. Full copyright retained by the original publication. In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.


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