News from the Knoff Group

Fed Looks at Effects of Hypothetical Rate Rise

Fed Zeroes In on Vulnerability to Rate Rise By Victoria McGrane | The Wall Street Journal – 13 hours ago The Federal Reserve is scrutinizing the nation’s biggest banks to ensure they can handle an eventual rise in interest rates, as concern grows among regulators about the risks posed by a long low-interest-rate environment. On Thursday, a …

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Montana Humor

A touch of Montana Humor for a day when it was 12 degrees in the morning with 4″ of snow on my porch.  Seems like mother nature was playing a a joke on Spring. A tough old cowboy from Montana counseled his grandson that if he wanted to live a long life, the secret was to sprinkle …

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Gallatin Forest to start electrical line upgrade

The electrical line servicing Big Sky has been inadequate for quite some time.  An EIS has been issued for the proposed route for a new transmission line through Gallatin Canyon and is now within its 45 day appeal period. Gallatin Forest to start electrical line upgrade by Bozeman Daily Chronicle Staff The Gallatin National Forest …

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The path less traveled: Young Montanans leave cities to farm

Back to the country – Montana is seeing quite a few younger folks leaving the city for life in the country. by Tom Lutey, Associated Press BRUSETT — It’s 9 a.m. and the vast Eastern Montana prairie in Casey Coulter’s windshield is giving way to piney hills and the snowcapped Little Rocky Mountains, which the …

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Bozeman builders will be allowed to defer impact fees

The City of Bozeman has decided to allow developers to ‘defer’ their payment of impact fees until the Certificate of Occupancy is granted – this allows builders to not have to ‘up front’ the cost of the fees at the start of construction, instead allowing them to be paid when the construction is completed.  Strangely …

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Is your vacation rental legal?

The City of Bozeman requires vacation rentals to be permitted.  This is an interesting article that ran in last Sunday’s paper about the issue. by Amanda Ricker When the housing market collapsed in Bozeman, Phil Sgamma feared the bank would foreclose on his home. He began renting to tourists to make ends meet. “It did …

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