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Promoted item:1981 Topps Joe Montana Rookie #216 NM MT (484)

1981 Topps Joe Montana Rookie #216 NM MT (484)

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About Montana

Montana is one of the most sparsely populated states, with a population of just under one million. Almost 10 percent of the population lives in Billings, which is the largest city in Montana. Commercial and residential real estate opportunities exist mainly in Billings, in the southeast, Great Falls and Helena, in the center of Montana, and Bozeman and Butte, in the southwest. The home ownership rate in Montana is above the national average. About 10 percent of Montana residents move to different residences each year. Incomes in Montana are lower than the national average, as are the prices of housing units. Nevertheless, relative to income, residential real estate is more expensive in Montana than the national average. There are fewer multi-family dwellings in Montana compared with the rest of the country, but opportunities do exist for investment in rental producing properties.Most manufacturing is related to the lumber industry. Mining, agriculture and tourism are other main contributors to the economy of Montana. As more than three-quarters of the state's domestic product is service related, there are only limited opportunities for industrial real estate investors.Rugged Mountain SolitudeSeveral American Indian reservations are located in the state, and it is home to the Yellowstone and Glacier National parks. Montana has abundant wildlife and offers many unique and rugged outdoor activities. Tourists visit Montana for the whitewater rafting, fishing, hunting and horseback riding. Artists, musicians and writers are drawn to the unique solitude of the state that spans the continental divide. This opens many opportunities for investment in tourist-related real estate in Montana.