News

6 lots in town offered at about half-price to qualified buyers in Red Lodge, Montana

When he moved here eight years ago, Bryan Loewen balked at buying a house for $149,000.

Now the church pastor is kicking himself.

The same house is on the market for $300,000, and in this resort town of vacation homes and expensive short-term rentals for tourists, that’s a pretty good deal.

"Everything nice to live in is above $200,000," said Jody Ronning, chairwoman of the Red Lodge Affordable Housing Committee. "Anything below that needs a lot of work. And there is nothing in Red Lodge for under $100,000."

By DIANE COCHRAN
Of The Gazette Staff

Full Story: http://www.billingsgazette.net/articles/2008/08/06/news/state/18-lots.txt

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