Knoff Group attended the BBER Economic Seminar this past week and this discussion was prevalent. Is it an affordable housing issue or an issue with wages in Montana. Is it time for employers to start paying talent what they’d get in other markets – especially in high tech? Or is it the responsibility of municipalities …
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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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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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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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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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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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Real Estate Market Analysis Q3 2017 Six Market Takeaways Video Single Family Homes Quarter 3 2017 showed continued median sales price acceleration across almost all areas with the exception of Big Sky. Median prices were up year over year between 9% (Livingston/City of Bozeman) and 20% (Three Forks). Days on market are indicative of a …
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Real estate market update and analysis Q2 2017 by Marcie Hahn-Knoff, Broker | REALTOR® Quarter 2 2017 shows a strong market with climbing median sales prices and for the most part declining days on market. The main stumbling block for our market is lack of inventory. Single family home sales showed an increase in median …
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We are indeed in an inventory crunch – and with new rulings by the City of Bozeman on affordable housing, it will be interesting to see if the growth trend moves out of the city and into the county or into the Belgrade market, more. Gallatin County housing growth ranked 18th nationally, but lags new …
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Our real estate market didn’t slow down much over the winter months and has quickly accelerated even as spring has not completely taken hold. One month into quarter 2 and multiple offers are becoming the norm in many segments of the market for well priced and positioned properties. There are a handful of factors at …
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