The Downtown Bozeman Association, Downtown Bozeman art galleries, retailers and the Emerson Center for Art and Culture are proud to present this summer™s Downtown Bozeman ArtWalks. The ArtWalks occur on the 2nd Friday of the month June through September from 6 to 8PM in Downtown Bozeman. This year™s gracious sponsors are: The Bozeman Daily Chronicle, Insty Prints, First Security Bank, 95.1 œThe Moose, Hatchfest and The Gallatin Art Crossing. The businesses and galleries generally feature artists™ openings and receptions during the event and often provide complimentary hors d™oeuvres and refreshments. This year™s Art Walk dates are: June 11th, July 9th, August 13th, and September 10th.

Maps for the 2010 ArtWalks are now available at all the participating galleries and businesses listed below and to see a list of the participating businesses along with a printable map, visit www.downtownbozeman.org and click on œArt Walks.

Bozeman housing markets for 2009

By GAIL SCHONTZLER Chronicle Staff Writer

     Housing Predictor, a national online real estate research firm, is forecasting that Bozeman and four other Montana cities will be among the top 25 U.S. housing markets in 2009.
     The firm predicts ” based on things like income levels, employment trends, school enrollment and housing markets ” that home values in Bozeman will increase slightly, by 1.8 percent, this year.
     It forecasts Billings will lead the state with a 3.1 percent home appreciation rate, followed by Great Falls (1.4 percent), Livingston (1.3 percent) and Missoula (1.2 percent).
     Such increases are modest, but look great compared to more than 36 states, from California to Florida, where the company projects double-digit deflation in home values.
     Housing Predictor forecasts turbulence in real estate markets and an increase in foreclosures as adjustable-rate mortgages reset to higher interest rates.
     Montana, North Dakota and Colorado will be exceptions to the worst economy since the Great Depression, it predicted, œillustrating the fact that real estate markets are normally driven by local market dynamics.
     Mike Basile, broker-owner of Prudential Montana Real Estate and a 28-year veteran of the Bozeman housing market, said, œI would agree we™d see appreciation from 2008, a year when prices declined slightly.
     œI do think we™ll see a slow, moderate rebound, Basile said. œWe™re seeing a large number of buyers. … not to the degree we did two years ago, but still there are buyers buying. … They™re bargain-hunting, they™re seeing the value of low interest rates.
     With mortgage rates below 5 percent, Basile said, this is an œamazing time to buy.
     Buyers also feel optimistic because there™s a new U.S. president and a federal incentive of $7,500 for first-time homebuyers.
     Robyn Erlenbush, broker-owner of ERA Landmark Real Estate, said she wasn™t familiar with Housing Predictor or its track record. But she, too, agreed there are reasons for optimism.
     œI™m very hopeful 2009 will be equal to or slightly better than ™08, Erlenbush said.
     In 2008, the average sale price for a single-family home in Bozeman declined from $337,683 in 2007 to $320,342, she said, while the average sale price for condos went down from $234,936 to $215,730. Those decreases work out to 5 percent for houses and 8 percent for condos.
     The main reason for her optimism, Erlenbush said, is that the inventory of houses on the market is starting to stabilize or shrink. Home builders aren™t starting new houses or œspec homes, so homeowners selling existing homes don™t face as much competition.
     Every month there seems to be some news that ranks Montana or Bozeman favorably, like the recent ranking of Montana as 46 th lowest state in foreclosure rates, she added. And people still want to move to Bozeman.
     Housing Predictor does research on 250 local housing markets in all 50 states. Its Web site (housingpredictor.com) claims to have predicted the national real estate recession in 2007 and to have been œthe first research firm to forecast the foreclosure epidemic.
     It describes Bozeman as one of the country™s most livable cities, with lots of entrepreneurs, outdoor activities, and a resort vacation market œthat may hold its own. Foreclosures have crept up.
     Still, it said, œMontana is turning in a star performance.
     Gail Schontzler is at gails@dailychronicle. com or 582-2633.

 With the cost of communting even in towns the size of Bozeman, there is something to be said about jumping on your bike or even being able to walk to work. The Village Downtown offers, custom lofts, town homes and now single family homesites, just a little something for everyone. Check out http://pegpotter.featuredwebsite.com/the-village-downtown.asp  for more information on the Village!

BIKING BOZEMAN

Residents find reason to switch to pedal power

By JODI HAUSEN Chronicle Staff Writer

Bozeman Daily Chronicle

     Inhaling a whiff of lilacs on the morning commute isn’t the only benefit of riding a bike to work and Bozemanites seem to be picking up on the trend.
     ”Not only are more people doing it, but it’s growing into a culture,” said John Friedrich, a mechanic at Bangtail Bikes.
     Friedrich estimates that the small shop on Main Street has seen bike and accessory sales for commuters increase from about 5 percent of all sales last year to more than 30 percent this year.
     Though actual numbers of bicycle commuters are hard to come by, Bozeman bicycle shop mechanics agree that pedaling to work is a growing movement.
     ”A lot of people are pulling out the old 10-speeds and tuning them up and recycling them for commuter bikes,” said Ben Donatelle, a mechanic at Summit Bike and Ski Shop.
     Based on the number of dust-covered bikes they are refurbishing, the numbers increase by at least one or two every day, his co-worker, Ben Dodge, said.
     ”Most of those bikes are older than me,” said Dodge, a 25-year-old bike mechanic.
     At Chalet Sports on Main Street, Brian Wolgamott estimated that they are setting up about three commuters weekly. That set-up usually includes adding lights, fenders and storage racks.
     Andy Kemp, 30, lives on Kagy Boulevard and Tracy Avenue and commutes about a halfmile to work as the news director at KTVM television on South Wallace Avenue and Olive Street. He said it takes him 10 minutes or less on mostly trails. He was at Chalet getting a rear rack installed on his Elektra Rat Rod ” a retro-style bike painted black with white and red flames. On the cross bar, a sticker indicates one reason he rides ” $0.00 10 ” 9 , it said in bold white numbers on a black background.
     Kemp moved to Bozeman from Atlanta, Ga., about six months ago and specifically chose Bozeman because it is easy to ride everywhere.
     ”Having this as an option is just great,” he said. “You could (bicycle) commute in Atlanta, but you take your life in your hands.”
     Shane Metolyak, 33, lives on the west side of Bozeman and rarely uses his gasolinepowered vehicle, he said.
     ”People say it’s not safe (to bicycle to work), but it is if you follow the laws,” he said.
     Metolyak has a nine-mile, round-trip commute but also rides to go grocery shopping and for other errands. He points out that bicycles are considered vehicles and are subject to the same traffic laws as motorized ones. He also recognizes that many cyclists are not aware or simply don’t obey those rules of the road ” a situation that can be dangerous and create animosity between motorists and pedalers.
     ”I think motorists get upset when we act inconsistently, so I think if people would see more and more bicycle commuters out there obeying the laws, people would see it as a more viable means of transportation,” he said.
     Though the savings in gas are impetus enough, Metolyak said he’s probably not saving much because he’s continually buying “new toys” for his bike. He recently bought a $300 trailer that he’s even used to haul wood to a bicycle trail.
     ”I just like riding bikes,” he said. “If you want to ride, Bozeman is very conducive to it. I don’t think I save a lot of money.” But, he adds, “I lost track of the last time I bought gas ” May, maybe?”
     Apparently, many are drawn to pedal power by the increasingly unaffordable price of gasoline, but some have other reasons.
     Elizabeth Bird, 51, said bicycle commuting accomplishes several goals. Bird is a member of the Bozeman Area Bicycle Advisory Board, a cancer survivor and a grants specialist at Montana State University. She bicycle commutes three to four times weekly, mostly on the Galligator Trail.
     It’s good exercise, saves in gas expenditures and saves the environment in the cost of burning fossil fuels, she said.
     Bird said her committee mailed surveys in September to poll people about their walking and cycling habits. She said between 3,000 and 4,000 of them have been returned. Now the group is analyzing the data to determine where more bicycle and walking infrastructure is needed ” things like bike racks, trails, curb cuts and bicycle lanes.
     Back at Bangtail, Friedrich said he commutes only a half mile each day but sees about eight others on his ride each day. “And they don’t seem to be out on a pleasure ride,” he said.
     And it’s getting easier to do.
     Friedrich is a contributor to a locally produced free newsletter called “the Practical Pedal.” In it are articles and advertisements geared towards, well, gear and the practicality of using a bicycle as a primary source of transportation.
     Friedrich said commuter bikes were the overriding theme at Interbike – an industry trade show held in Las Vegas in the fall each year.
     ”Commuter bikes are becoming more fashionable in everyday life,” he said.
     Several companies make bicycles specifically designed for traveling to and from work or on errands. Typical accessories such as racks, fenders and lights come standard on many. Commuter bikes also are designed for comfort, safety and efficiency with road-sized tires for speed, small wheel-bases for maneuverability and upright seating for comfort and visibility. And if one already has a bike that needs retrofitting with practical pedaling accessories, mechanics say it can be done for as low as $100.
     ”There are so many types of commuter bikes these days,” Donatelle said. “And the airconditioning is automatic.”
     Jodi Hausen can be reached at jhausen@dailychronicle. com or 582-2630.

Welcome to Peg Potter’s Blog! This blog will provide you with valuable information, tips, and general insight into the real estate market in Bozeman.