Daines Seeks Solutions to Help Address Montana’s High Housing Prices
U.S. SENATE – U.S. Senator Steve Daines is pressing the Biden administration to pursue solutions that will help bring down Montana’s historically high housing prices. Daines urged a modernization of the appraisal process through the use of automated valuation models (AVMs) and other modern technologies, which will make getting an appraisal of a Montana home faster and more accessible. “Montanans are struggling to deal with historically high housing prices and a 35 percent drop in the supply of homes for sale. The Federal Housing Finance Agency (FHFA) has an opportunity to address part of this problem and promote affordable, sustainable housing through taking steps to modernize the appraisal process,” the