News from the Knoff Group

Affordable housing advocates look to Montana Legislature for help

How do we address the affordability issue? Through rules and regulations? Through better options for income growth? It will likely take a few different things to help – here are a few attempts going through the state legislature… Affordable housing advocates look to Montana Legislature for help By Eric Dietrich Montana Free Press Jan 25, …

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Yellowstone Airport to Expand…Again

As Bozeman’s population and popularity expand, the need grows for transportation infrastructure. Yellowstone International Airport has done a great job anticipating this growth as they keep their eyes to the future. BZN eyeing new gates, destinations, and Southwest Airlines in the future Carson Vickroy KBZK 7:33 pm January 24, 2019 Bozeman Yellowstone International Airport handles …

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Real Estate Market Update and Metrics 2016-2018

Market Update: Q4 and Year Over Year Statistics and Commentary

Please enjoy our quarterly Southwest Montana real estate market analysis and breakdown of statistics for both Quarter 4 2018 and full year 2018 as compared with the previous two years. One more really neat statistic – Knoff Group Real Estate’s broker, Marcie Hahn-Knoff, ranked in the top 25 real estate agents in the ENTIRE Big …

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Market update: Q3 2018 statistics and commentary

Overall trends – Quarter 3 2018 as compared to previous year. Single Family Higher median sales price – increases between 9-20+% Fewer properties selling for more money Days on market are up as prices climb City of Bozeman $442K!, Outside city limits $575K, Belgrade $322K, Manhattan $392K, Big Sky $1.5M Livingston $275K. Sales volume is …

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Q2 2018 Y/Y Real Estate Market Update

Knoff Group Quarter 2 2018 Year over year market update and report     Single Family Homes City of Bozeman is seeing the same reduction of inventory that is being seen in other markets – lack of quality inventory is pushing pricing higher and creating high buyer demand for well-priced properties. Median sales price has …

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Belgrade News: City moves closer to solving fire quandary

As the City of Belgrade grows, it faces challenges.  One is a state law that requires the city to have it’s own fire department once it hits 10,000 residents. The city is moving to change the law and continue Central Valley Fire operations.  If the city is forced to form it’s own department, taxes will …

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Technology is tweaking the economics of mountain town living.

This is a fantastic article that explains why our area is slated for continued growth and at least in part why we are experiencing the accelerated sales pricing, competitive rental market and pressure on housing that we’ve been experiencing in the Bozeman, Big Sky and greater Bozeman area. An Economic Crossroads – Technology has broken …

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Council approves infrastructure project to aid growth

This is a huge leap for City of Belgrade growth – as lots become sparse in Bozeman, look to Belgrade to pick up some of the development slack. Council approves infrastructure project to aid growth by Freddy Monares, 1/4/18. Belgrade News Belgrade City Council members told city staff to “go for it,” regarding the city …

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