But I think the recent Hurricane will really have detrimental effects on prices, especially in the near short term, creating a buying opportunity, then they'll rebound.

I've heard it's rebounding a bit in the recent years, but it's still an issue. 

That trigger the collapse in Q3 2022 before rebound in Q1 this year.It seems if there're more aggressive buyer that driving up the price, lot of people want to sell at the same time too.

In fact the readjustment of prices in the Bozeman market during that time was healthy, compared with wat happened to the rest of the country, and we rebounded very quickly.In 2008, Housing Predictor Montana Rankings had five Montana cities in the top 25 and two within the top 10 (you may recall that in January 2009, Billings ranked 3rd and Bozeman ranked 9th, placing both cities in the top 10 for US home values appreciation in 2009).Pertaining to Montana real estate prices for 2010, Housing Forecaster had Montana real estate prices dropping an average of 2.5% across Montana, with its top four cities all posting declines: Billings down 4.2%, Great Falls declining 3.6%, Missoula dropping 3.1%, and Bozeman down 2.3%. 

I think this year will be a rebound year for most.

I think some of this will rebound especially as the temperature cranks higher.  

In particular, what areas are deemed to be on the rebound (perhaps more than others). 

During that period, the number of closings fell for seven consecutive quarters before rebounding 74% over the ensuing two years.Additionally, the $24 billion in maturing CMBS loans this year could stimulate sales activity as the interest rate environment will likely be much different from their rates at origination.

Is your area seeing a rebound and if so, are the spec builders joining in?

According to the BLS, the unemployment rate ending July 2020 was 7.7% with a preliminary rate of 6.6% for August 2020, compared to 10.2% and 8.4% nationally.ConclusionBaltimore is on pace to rebound well from the pandemic given its location in the recession-resistant Mid-Atlantic market.