News from the Knoff Group

2023 Year Over Year Real Estate Market Analysis & Statistics

2023 posted the least amount of volume and number of units sold in the past three years – however there was perhaps less of a marked shift in the market when comparing year over year than comparing by quarter. Higher than recent historic interest rates in combination with sellers not wanting to part with their …

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Q4 2023 Y/Y Real Estate Market Analysis & Statistics

Quarter 4 2023 found the SW Montana real estate market in a continued ‘leveling’ trend. The market felt as though it were stagnating at times – however, inventory remains scarce and while buyers are moving slower to offer – there has been a recent uptick in multiple offer situations. Competition still exists for quality, well …

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Knoff Group Presents: The Best Holiday Activities in the Bozeman Area

The 2023 holiday season is fast-approaching! If you’re curious on festive events in the Big Sky, Bozeman, Belgrade, and Livingston areas, then you’ve found the right place! Knoff Group Real Estate has compiled a list below of some of the best holiday activities in the area this winter season.   In Bozeman Don’t miss this …

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Montana Free Press: Montana counties, governor spar over property tax

Both Gallatin and Park Counties have now challenged the state and set the mills at the 77.9 mills rate. Montana counties, governor spar over property tax that funds schools. The Montana Association of Counties has argued Gov. Greg Gianforte should have scaled back a fixed-rate property tax that equalizes school funding between rich and poor …

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cover for q3 2023 statistics

Q3 2023 Y/Y Real Estate Market Analysis & Statistics

Quarter 3 2023 was quite interesting from a numbers vs general market feel perspective – the market has felt like it has been moving at a slower pace but sales were steady – slightly below the volume of 2022 but not by much. Interest rates are having an impact on volume – especially in the …

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Montana Association of Realtors Statement on Property Tax Appraisals 2023

The property value appraisal notices have come as a shock to many property owners throughout our area – this below statement from the Montana Association of REALTORS® has been a very helpful piece for multiple clients in helping with understanding how the process works and what the actual ramifications are of dramatically increased tax basis …

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