How was Libby,Troy,Yaak Real Estate in 2017? (posted 1/16/18)
Guest article by Alice L. Hayes, Loveless Realty
2017 was a very busy year. We were able to help many people move to their new home, move out of their old home, sell their land, or even move to a new town. But, there have been others who are still looking to sell their home or land or looking to buy that ‘just right home’ or ‘perfect piece of land’. We trust 2018 will be their year.
And Inventory – oh my – that is in Short supply. We are looking for properties to offer to buyers. If you’ve ‘toyed’ with the idea of selling – please let us know – and we will be happy to visit with you about what we can do for you.
1/1/2017—12/31/2017 Current RE Figures were:
SALES & PENDINGS:
202 Residential SALES:
150 in Libby
44 in Troy
8 in Yaak
67 Land SALES:
48 in Libby
19 in Troy
5 in Yaak
7 Commercial SALES:
4 in Libby
2 in Troy
1 in Yaak
6 Residential PENDING:
2 in Libby
3 in Troy
1 in Yaak
5 Land PENDING:
3 in Libby
2 in Troy
0 Commercial/M-Family PENDING
89 Residential ACTIVES:
39 in Libby
42 in Troy
195 Land ACTIVES:
106 in Libby
78 in Troy
11 in Yaak
24 Commercial ACTIVE:
21 in Libby
3 in Troy
What Were the Price Ranges of SOLDS in 2017??
10K - $150,000 = 62 Sales
150K - $250,000 = 20 Sales
250K - $500,000 = 22 Sales
500K - $800,000 = 4 Sales
800K - $1,500,000 = 5
Interest Rates Remain LOW—NOW Could be a Great Time to Purchase
As of 12/31/2017 Conforming & FHA Loans:
30-Year Fixed; Interest = 3.375%; APR = 3.537%
15-Year Fixed; Interest = 2.625%; APR = 2.913%
Information obtained through Montana Regional MLS (MR MLS)
What to Do in the Winter?
Have you checked out the painting classes being offered in Libby? These small fun classes are held at a variety of locations. A couple hours of fun results in your own art work.
For people wanting to walk in a safe environment this winter, the Libby Elementary School offers ‘hall walkers’ Monday through Friday during the hours of 4:30pm to 6:30pm.
Troy has a new ice skating pond with bonfire and fun for all. Located at Roosevelt Park.
Our own ski hill has some pretty amazing conditions – check it out and enjoy a day on Turner. www.skiturner.com
Ice Fishing Derby season begins the week of January 20th.
Alice & Jim - Team Hayes Realtors
Loveless Realty - 519 W. 9th - Libby, MT 59923
Superfund sites in Libby, Montana among sites on EPA redevelopment focus list (posted 1/17/18)
U.S. Environmental Protection Agency
On Wednesday, January 17, 2018, the U.S. Environmental Protection Agency (EPA) identified the Libby Asbestos Superfund and Libby Groundwater Superfund sites in Libby, Montana, as among 31 current and former Superfund National Priorities List (NPL) sites with the greatest expected redevelopment and commercial potential.
"EPA is more than a collaborative partner to remediate the nation’s most contaminated sites, we’re also working to successfully integrate Superfund sites back into communities across the country," said EPA Administrator Scott Pruitt. "Today’s redevelopment list incorporates Superfund sites ready to become catalysts for economic growth and revitalization."
EPA’s redevelopment focus list includes specific areas of the Libby Asbestos Superfund Site, including the Former Stimson Lumber Mill (Operable Unit 5) and the Libby Groundwater Superfund site, adjacent areas that sit at the junction of State Highway 38 and U.S. Highway 2. EPA is working with the Lincoln County Port Authority and International Paper to support an ongoing redevelopment planning project for the area. The site is part of the Kootenai Business Park and is zoned for commercial and industrial redevelopment, as well as recreation.
EPA placed the Libby Asbestos site on the Superfund NPL in 2002 and implemented extensive cleanup actions at the Former Stimson Lumber Mill site. The Libby Groundwater site was placed on the Superfund NPL in 1983. From 1946 to 2003, several companies operated wood-treating facilities at the property and vermiculite mined from Libby was found to be contaminated with Libby amphibole asbestos. The use or transportation of vermiculite products at the site resulted in contamination of soil, debris and structures. Additionally, spills and disposal practices from the wood treating operations contaminated soil, groundwater, surface water and sediment with hazardous chemicals.
"EPA continues to work proactively to support reuse and redevelopment opportunities in Libby," said EPA Regional Administrator Doug Benevento. "The completion of Superfund cleanup actions at the Kootenai Business Park has led to additional investments in infrastructure, transportation, and site improvements that will attract and support new industrial and commercial development. We look forward to helping our partners in the Libby community as they look to revitalize once-contaminated properties and create economic assets."
Superfund redevelopment has helped countless communities reclaim and reuse thousands of acres of formerly contaminated land. Superfund sites on the list have significant redevelopment potential based on previous outside interest, access to transportation corridors, land values, and other critical development drivers.
This is not a complete list, rather it easily directs interested developers and potential owners to Superfund sites with redevelopment potential. The sites on this list are in alphabetical order and not ranked in any particular way. As of January 11, 2018, the Superfund Redevelopment List is:
Aerojet General Corp., Rancho Cordova, CA
Aircraft Components, Benton Harbor, MI
Allied Paper, Inc./Portage Creek/Kalamazoo River, Kalamazoo, MI
Armour Road, North Kansas City, MO
Arrowhead Refinery Co., Hermantown, MN
BoRit Asbestos, Ambler, PA
Bunker Hill Mining & Metallurgical Complex, Smelterville, ID
Crater Resources Inc./Keystone Coke Co./Alan Wood Steel Co., Upper Merion
Eagle Mine, Minturn, CO
Florida Steel Corp., Indiantown, FL
Frontier Hard Chrome, Inc., Vancouver, WA
Kerr-McGee Chemical Corp – Columbus, Columbus, MS
Kerr-McGee Chemical Corp – Jacksonville, Jacksonville, FL
Koppers Co., Inc., Charleston, SC
Libby Asbestos and Libby Groundwater Sites, Libby, MT
Many Diversified Interests, Inc., Houston, TX
McCormick & Baxter Creosoting Co., Portland, OR
Metal Bank, Philadelphia, PA
MGM Brakes, Cloverdale, CA
New Bedford, New Bedford, MA
Operating Industries Inc. Landfill, Monterey Park, CA
Peoples Natural Gas, Dubuque, IA
Pepper Steel & Alloys, Inc., Medley, FL
Quendall Terminal, Renton, WARaymark Industries, Inc., Stratford, CT
Roebling Steel Co., Burlington County, NJ
Sanford Dry Cleaners, Sanford, FL
Sharon Steel Corp., Midvale, UT
St. Louis River Site, Duluth, MN
U.S. Finishing/Cone Mills, Greenville, SC
U.S. Smelter and Lead Refinery, Inc., East Chicago, IN
In July 2017, the Superfund Task Force released its recommendations (https://www.epa.gov/newsreleases/epa-announces-superfund-task-force-recommendations) to streamline and improve the Superfund program including a focus on redevelopment training, tools and resources towards sites on the NPL. EPA will work diligently with developers interested in reusing these and other Superfund sites; will identify potentially interested businesses and industries to keep them apprised of redevelopment opportunities; and will continue to engage with community groups in cleanup and redevelopment activities to ensure the successful redevelopment and revitalization of their communities.
Administrator Pruitt has set the expectation that there will be a renewed focus on accelerating work and progress at all Superfund sites across the country. The Superfund program remains dedicated to addressing risk and accelerating progress at all of its sites, not just those on the list.
This is not a complete list of sites in the Superfund program with redevelopment potential. The list is intended to be dynamic. Sites will move on and off the list as appropriate.
For more information please visit: https://www.epa.gov/superfund-redevelopment-initiative/superfund-redevelopment-focus-list
lies in the northwest corner of Montana and is nestled in a valley carved by the
Kootenai River on the flank of the majestic Cabinet Mountain Range and Wilderness
about 2,800 people live within Libby proper. The main industries are lumber and
wood products, mining, tourism and recreation. The movies "The River Wild" and
"Always" were filmed here. Contact the Libby
Chamber of Commerce for brochures, info on lodging and events, general area
information, and contact information for local businesses and services.
When the weather warms and the mountain
snows melt away, the Kootenai National Forest comes alive with over 2.2
million acres of public land as a playground. Mountain trails and lakes
open up, beautiful wildflowers come in bloom, and wildlife have their young.
Libby is the basecamp for the Cabinet Mountains Wilderness Area, 90-mile
long Lake Koocanusa, the Northwest Peaks Scenic Area, and the Ten Lakes
Scenic Area. There is good access to most of the Forest and plenty of room
to get away from it all!
Winter in Montana means snow, and lots
of it! For those who love to play in the deep powder, the Libby area offers tremendous
winter fun. Turner Mountain Ski Area, located
just 22 miles from Libby, offers challenging downhill skiing with a beautiful
view. Their slogan is "steep, deep and cheap", and Turner definitely
lives up to that. It's still fairly undiscovered, so you can escape the crowds
and get the cheapest lift tickets around. For those who love snowmobiling,
there are hundreds of miles of backcountry roads to sled on in the Kootenai National
Forest. Cross-country skiers and ice fishermen also can find solitude on a lake
and miles of quiet forest trails to enjoy the outdoors. Those who are a bit on
the wild and crazy side will love the antics of the Libby Polar Bear Club.
Members take winter-time "swims" in frigid Libby Creek every Sunday
from October to April. Plungers have ranged in age from 3 to 61. As long as the
ice can be broken on the creek, if it has formed, the group will take their plunge,
no matter the temperature.
These people must be
Polar Bear Club