News from the Knoff Group

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 …

Read this post »

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 …

Read this post »

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 …

Read this post »

Q2 2023 Y/Y Real Estate Market Analysis & Statistics

Single Family The slowdown in median sales price appreciation in Southwest Montana for Single Family homes that we have observed since late 2022 spring and that continued throughout the remainder of 2022 and start of 2023 continues to dominate the data. However, there are some very interesting data points worth highlighting. The number of homes …

Read this post »

City developing housing grant program | Livingston Enterprise

Cities around our area are trying to deal with our affordable housing issue – this is a recently pitched creative solution to encourage rehabilitation in Livingston. City developing housing grant program by Sean Batura Enterprise Staff Writer Apr 24, 2023 The city of Livingston is developing a residential rehabilitation grant program. “The Residential Rehabilitation Grant …

Read this post »

New recreation center in the works for Livingston – Livingston Enterprise

As our communities grow, new resources are needed – this is one proposed recreation center out of three for the area that are currently being discussed. New recreation center in the works for Livingston by Sean Batura Enterprise Staff Writer Mar 8, 2023 Officials with 4 Ranges Community Recreation Foundation Inc. say they’ve obtained philanthropic …

Read this post »

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 …

Read this post »