News from the Knoff Group

Commission advances modified floodplain regulations | BDC

The County Commission has advanced regulations on floodplain regulations including asking developers to consider channel migration zones when developing in the floodplain. Commission advances modified floodplain regulations by Alex Miller Chronicle Staff Writer Mar 21, 2023 Updates to the Gallatin County floodplain regulations are underway after being delayed to include more regulation on development.The Gallatin …

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Q1 2023 Y/Y Real Estate Market Analysis & Statistics

The slow down in median sales price appreciation and the decrease of sold units that we began to feel late last spring (and that continued throughout the remainder of 2022 and 2023), has finally started to show up in our data. Quarter 1 2022 was the last quarter that we experienced the intense market pressure …

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2022 brought more growth for Bozeman’s airport | BDC

The airport continues to grow year over year – as more and more travelers come to the region for a variety of reasons. 2022 brought more growth for Bozeman’s airport by Nora Shelly | Chronicle Staff Writer Jan 15, 2023 For the first time, Bozeman’s airport saw more than 2 million passengers in 2022, marking …

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Bozeman Yellowstone International Airport hits 2 million passengers, breaking 2021 record | BDC

The airport continues to post impressive numbers, even over a year when visitation to Yellowstone National Park was down. Bozeman Yellowstone International Airport hits 2 million passengers, breaking 2021 record By Juliana Sukut Chronicle Staff Writer Dec 9, 2022 With one more month to go, Bozeman Yellowstone International Airport has already handled over 2 million …

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cover for 2022 market stats

2022 Y/Y Real Estate Market Analysis & Statistics

There was decent – i.e. more NORMAL (i.e. pre 2020 level) – price appreciation for 2022 year over year in most locations and for product that we track in southwestern Montana. An exception to this were areas and products that tend to harbor more entry level pricing. Our analytics point out that the core appreciation experienced …

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cover for q4 2022 stats

Q4 2022 Y/Y Real Estate Market Analysis & Statistics

It seems that every news outlet is currently reporting on the fact that interest rates for home loans have gone up. And with a rise in interest rates the real estate market has slowed. But exactly how has it slowed Q4 2022 vs Q4 2021?  According to our analytics, the huge median sales price appreciation experienced during the pandemic (2020-2021) years has not fallen. However, …

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