Making News

Down Payment Gifts Fulfill Need in Missoula, Across Montana

Affording a home in Missoula is not easy, and the rest of Montana and the United States aren’t much better.

According to the Missoula Organization of Realtors’ recently released 2017 housing report, the median home price in the urban area reached a record $255,000 in 2016 – the fifth consecutive year it has increased since the Great Recession. At the same time, median household income declined to $42,815 last year and no new affordable housing units were built. Not a lot of good news.

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