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America's 5 Most Overvalued Housing Markets That Are Finally Cooling Off
America's 5 Most Overvalued Housing Markets That Are Finally Cooling Off

Yahoo

time8 hours ago

  • Business
  • Yahoo

America's 5 Most Overvalued Housing Markets That Are Finally Cooling Off

A report by Zillow found that home prices surged by 45.3% between 2020 and 2025 — more than double that average appreciation rate. That caused many housing markets to outpace local fundamentals like income, creating unaffordable homes. Now those chickens are coming home to roost in many of the cities that skyrocketed the most in cost. Explore More: For You: Keep an eye on these overvalued markets that have finally started cooling. Average home price: $773,258 (Zillow) Year-over-year price change: -1.1% Average days from listed to pending: 39 Homes in Honolulu cost more than double the national average of $367,711, although that may not last. Prices have declined over the past year, and real estate listings are sitting on the market for double the national average of 19 days. For Hawaiian homebuyers, that spells some much-needed affordability relief. Consider This: Average home price: $743,496 Year-over-year price change: -0.6% Average days from listed to pending: 29 Montana home prices shot the moon during the pandemic, as urban Californians, Oregonians and Washingtonians fled for more open space. Now reality has started setting in, and prices have started settling down. Don't expect them to drop anywhere near 2020 levels, but Bozeman home values remain flat since July 2022 when they reached $742,017. Average home price: $595,318 Year-over-year price change: 1.4% Average days from listed to pending: 49 In 2025, surging home prices and insurance premiums have caught up with Miami. Home prices have dropped by 1.09% over the last three months, as the market quickly turns south. Real estate broker Anthony Askowitz has seen the market shift over the last few months. 'Sellers have had to negotiate their prices to get properties sold, resulting in the number of days on the market jumping,' he said. Sure enough, only 6.3% of Miami home sales close above listing price, compared to 79.1% that sell under it. Average home price: $586,370 Year-over-year price change: -6.4% Average days from listed to pending: 64 It's a terrible time to sell a home in Naples. Real estate listings languish for more than triple the national average, and home prices have dropped by a dizzying $40,000 over the last year. High interest rates, soaring insurance premiums, a glut of new supply, and of course too-fast appreciation post-pandemic all collide for a perfect storm of a buyer's market. Average home price: $536,565 Year-over-year price change: -5.5% Average days from listed to pending: 39 Like Honolulu, Austin home listings are lying fallow for double the national average. 'During the post-COVID real estate run-up, Austin saw prices shoot up faster than what local incomes or job markets could realistically support,' explained Larry Shinbaum, real estate broker with Luxuri International. 'It just wasn't sustainable. We're now seeing a slow correction, with sellers finally adjusting expectations. Homes sitting on the market longer, bidding wars are rare and incentives are back on the table.' More From GOBankingRates 7 Tax Loopholes the Rich Use To Pay Less and Build More Wealth This article originally appeared on America's 5 Most Overvalued Housing Markets That Are Finally Cooling Off

Montana Lottery Lucky For Life, Big Sky Bonus results for June 19, 2025
Montana Lottery Lucky For Life, Big Sky Bonus results for June 19, 2025

Yahoo

time13 hours ago

  • General
  • Yahoo

Montana Lottery Lucky For Life, Big Sky Bonus results for June 19, 2025

The Montana Lottery offers multiple draw games for those aiming to win big. Here's a look at June 19, 2025, results for each game: 02-05-08-18-45, Lucky Ball: 01 Check Lucky For Life payouts and previous drawings here. 06-14-26-30, Bonus: 15 Check Big Sky Bonus payouts and previous drawings here. Feeling lucky? Explore the latest lottery news & results Powerball: 8:59 p.m. MT on Monday, Wednesday, and Saturday. Mega Millions: 9 p.m. MT on Tuesday and Friday. Lucky For Life: 8:38 p.m. MT daily. Lotto America: 9 p.m. MT on Monday, Wednesday and Saturday. Big Sky Bonus: 7:30 p.m. MT daily. Powerball Double Play: 8:59 p.m. MT on Monday, Wednesday, and Saturday. Montana Cash: 8 p.m. MT on Wednesday and Saturday. Missed a draw? Peek at the past week's winning numbers. Winning lottery numbers are sponsored by Jackpocket, the official digital lottery courier of the USA TODAY Network. Tickets can be purchased in person at gas stations, convenience stores and grocery stores. Some airport terminals may also sell lottery tickets. You can also order tickets online through Jackpocket, the official digital lottery courier of the USA TODAY Network, in these U.S. states and territories: Arizona, Arkansas, Colorado, Idaho, Maine, Massachusetts, Minnesota, Montana, Nebraska, New Hampshire, New Jersey, New York, Ohio, Oregon, Puerto Rico, Washington D.C., and West Virginia. The Jackpocket app allows you to pick your lottery game and numbers, place your order, see your ticket and collect your winnings all using your phone or home computer. Jackpocket is the official digital lottery courier of the USA TODAY Network. Gannett may earn revenue for audience referrals to Jackpocket services. GAMBLING PROBLEM? CALL 1-800-GAMBLER, Call 877-8-HOPENY/text HOPENY (467369) (NY). 18+ (19+ in NE, 21+ in AZ). Physically present where Jackpocket operates. Jackpocket is not affiliated with any State Lottery. Eligibility Restrictions apply. Void where prohibited. Terms: This results page was generated automatically using information from TinBu and a template written and reviewed by a Great Falls Tribune editor. You can send feedback using this form. This article originally appeared on Great Falls Tribune: Montana Lottery Lucky For Life, Big Sky Bonus results for June 19, 2025

FICO Announces New Stock Repurchase Program on June 19, 2025
FICO Announces New Stock Repurchase Program on June 19, 2025

Yahoo

time20 hours ago

  • Business
  • Yahoo

FICO Announces New Stock Repurchase Program on June 19, 2025

BOZEMAN, Mont., June 19, 2025--(BUSINESS WIRE)--Global analytics leader, FICO (NYSE:FICO), today announced that its Board of Directors has approved a stock repurchase program to acquire up to $1 billion of the company's outstanding common stock. This new program was approved following completion of FICO's previous stock repurchase program, which was in effect from July 2024 until adoption of the new program in June 2025. The new stock repurchase program, which is open-ended, allows the company to repurchase its shares from time to time in the open market and in negotiated transactions. About FICO FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, insurance, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 80 countries do everything from protecting four billion payment cards from fraud, to improving financial inclusion, to increasing supply chain resiliency. The FICO® Score, used by 90% of top US lenders, is the standard measure of consumer credit risk in the US and has been made available in over 40 other countries, improving risk management, credit access and transparency. Learn more at Join the conversation at & For FICO news and media resources, visit FICO is a registered trademark of Fair Isaac Corporation in the U.S. and other countries. Statement Concerning Forward-Looking Information Except for historical information contained herein, the statements contained in this news release that relate to FICO or its business are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the success of the Company's Software segment's business strategy, the Company's ability to continue to develop new and enhanced products and services, the maintenance of its existing relationships and ability to create new relationships with customers and key alliance partners, disruptions and uncertainties with respect to global economic conditions as well as in industries and markets of the Company and its customers, the Company's ability to keep up with rapidly changing technologies, its ability to recruit and retain qualified personnel, competition, regulatory changes applicable to the use of consumer credit and other data, the failure to protect such data, the failure to realize the anticipated benefits of any acquisitions, or divestitures, and material adverse developments in global economic conditions or the occurrence of certain other world events such as geopolitical tensions, military conflicts, the level and volatility of interest rates, the level of inflation, the continuing effects of the COVID-19 pandemic, an actual recession or fears of a recession, trade policies and tariffs, and political and governmental instability. Additional information on these risks and uncertainties and other factors that could affect FICO's future results are described from time to time in FICO's SEC reports, including its Annual Report on Form 10-K for the year ended September 30, 2024 and its subsequent filings with the SEC. If any of these risks or uncertainties materializes, FICO's results could differ materially from its expectations. Investors are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date they are made. FICO disclaims any intent or obligation to update these forward-looking statements, whether as a result of new information, future events or otherwise. View source version on Contacts Investors/Analysts: Dave Singleton(800) 459-7125investor@ Media: Katie O'Connell(510) 621-9832press@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Montana Expands Its Signature BBQ Line in Grocery Stores
Montana Expands Its Signature BBQ Line in Grocery Stores

Cision Canada

timea day ago

  • Business
  • Cision Canada

Montana Expands Its Signature BBQ Line in Grocery Stores

TORONTO, June 19, 2025 /CNW/ - Montana's BBQ & Bar, one of the top restaurant brands in retail known for its BBQ-inspired flavours, announces a brand-forward innovation: the launch of a new line of ready-to-eat products featuring its signature tastes. This initiative marks a major step forward for the iconic chain as it aims to simplify the everyday lives of Canadians. With growing demand for convenient, flavourful, and accessible meal options, Montana's is innovating while staying true to what it's known for: authenticity, quality, and great taste. By investing in the development of these new products, Montana's is affirming its ambition to become a go-to name in Canadians' everyday eating habits. "We are proudly Canadian, and for 30 years, Montana's has been part of the Canadian culinary landscape. With this new line of ready-to-eat products, we're continuing our mission to nourish the soul with hearty eats and genuine hospitality—one guest, one family, and one community at a time. This move reflects our commitment to innovation while staying attuned to the real needs of today's consumers." - Mark Sozanski, Chief Operating Officer at Montana's BBQ & Bar A new product line that stays true to Montana's essence Inspired by the restaurant's in-house menu, these four new products— prepared in Canada and now available in grocery stores—also mark the brand's entry into the ready-to-eat category. This launch responds to evolving Canadian consumption habits. In fact, according to a Mintel survey, 71% of Canadians keep ready-to-eat meals on hand for unexpected situations, and 63% say ease of preparation is the most important factor when cooking for their families. In this context, Montana's is introducing the following four new products: Chipotle honey ribs – tender with just the right kick Swiss cheese and onion burgers – full of flavour and easy to prepare Pulled pork in Texas Bold BBQ sauce (ready-to-eat) – Already pulled, and made from Montana's famous, signature BBQ sauce Chicken and vegetables in a spicy salsa (ready-to-eat) – Made with tender and tasty white meat in a spicy salsa Designed to appeal to meat lovers and busy families looking for easy-to-prepare meals, these dishes deliver a delicious experience that stays true to the Montana's BBQ & Bar brand. About Montana's ® BBQ & BAR Montana's ® BBQ & BAR is a Canadian comfort food joint that is famous for in-house hickory smoked pork ribs and beef brisket, steaks and juicy burgers. Montana's ® celebrates fun-to-eat, finger-licking smoked and barbecue comfort food that breaks the 'proper' rules. Our vibe is fun, casual and unpretentious, where you can laugh heartily and enjoy your friends and family. Montana's ® is owned by Recipe Unlimited Corporation, Canada's oldest and largest full-service restaurant company. Find out more at Follow Montana's ® on Facebook, X, Instagram and TikTok. Appendix Click here to download a photo of the products: SOURCE Recipe Unlimited

Kalispell moves to mail-only voting ahead of upcoming municipal election
Kalispell moves to mail-only voting ahead of upcoming municipal election

Yahoo

timea day ago

  • Politics
  • Yahoo

Kalispell moves to mail-only voting ahead of upcoming municipal election

Jun. 19—Voters in Kalispell can expect ballots for the upcoming municipal election to arrive via mail. Kalispell City Council on Monday voted to transition to all mail-in voting for the upcoming Nov. 4 municipal election. Councilor Chad Graham made the motion to adopt the change, saying that he has seen waning participation in municipal elections over his three terms on Council. Voters in the city have typically gone to the Flathead County Trade Center to cast ballots unless they made arrangements ahead of time to receive an absentee ballot. Kalispell's most recent election in 2023 saw 263 poll voters, roughly 4% of eligible poll voters, according to Flathead County Election Manager Paula Buff. "I feel like you would probably have a better voter turnout if everyone received a ballot in the mail," she said. Councilor Ryan Hunter expressed concerns that votes may not be counted, voters may not be made aware of the change, or that people who favor going to the polls could be disenfranchised from participating. But Buff disagreed. "I think you're doing the exact opposite of disenfranchising people. I think you're reaching out to every single active eligible voter and providing them the opportunity to vote without having to narrow it down to one day in a specific time window." "The only difference is they don't have a table of nice little old ladies handing them ballots, but it's the exact same thing," she added. Buff said voters who would still like to vote in-person can come to her office at 290 B N. Main St., where there will be poll booths set up. Councilor Sid Daoud adamantly opposed Graham's motion, arguing that mail-in voting leaves less time for political candidates to persuade voters. "There's something un-American about only doing mail-in voting," he added. Hunter noted that moving to mail-only would mean no more taxpayer money being spent on setting up polls at the Flathead County Fairgrounds. Mayor Mark Johnson, who said he hates mail-in only elections, argued that Election Day should be a national holiday. "I still go back and remember how many people died to give us this. It wasn't really convenient for them," he said. The amendment passed with Councilors Jessica Dahlman, Sandy Carlson, Graham, Hunter and Nunnally voting in support. Johnson and Daoud voted in opposition. COUNCIL ALSO opted out of giving themselves a pay raise during Monday night's meeting. Graham made a motion to make councilors ineligible for a market-rate-adjusted wage increase. "My philosophy on that is that I don't care about that, because this is an elected position," he said. Daoud echoed that sentiment. "This is a service in my mind," he said. The mayor and eight-person body share a combined salary of $63,179, plus health insurance and benefits. Councilor Jed Fisher, who was absent from the meeting, was a strong supporter of a pay raise, arguing that it would attract younger potential candidates. Dahlman and Carlson voted to approve a wage increase for Council with Daoud, Hunter, Nunally, Graham and Johnson voting against it. Appointed officers and nonunion employee salaries were still adjusted with a 4% base adjustment. COUNCIL HELD a public hearing regarding adjustments to police and fire impact fees. The only public comment came from Kisa Davison, chair of the city's Business Improvement District and a candidate for mayor. She asked that Council not raise fees, arguing that it would hinder affordable housing construction. "Let's not make it harder for our developers, builders, and even our current property owners to do improvements and expand their businesses," she said. Council also approved the creation of three special improvement districts to fund needed water and sewer upgrades at two resident-owned communities. The Morning Star and Green Acres communities have applied for grants to pay for the improvements, but costs are expected to exceed the allotted grant amounts. Special improvement districts are areas of land where property owners pay an additional tax to fund specific improvements within the district boundaries. Reporter Jack Underhill may be reached at 758-4407 and junderhill@

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