News from the Knoff Group

HUD Lowers FHA MIP by a Quarter Point | Realtor Magazine

Big news for FHA loans – still some work to do to make them more user friendly, but this is a big step. Mortgage insurance premiums on FHA-backed loans will be lower by 25 basis points on loans endorsed starting January 27, the federal government announced today. “After four straight years of growth and with …

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COLOR OF THE YEAR 2017 – Greenery

Fresh – revitalizing. Pantone has released their color of the year for 2017.  I gravitate towards greens and welcome this choice. Looking forward to seeing this in new construction and design for the coming year. Pantone announces 2017 Color of the Year – Greenery. A refreshing and revitalizing shade, Greenery is symbolic of new beginnings. …

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ski resort image

A Ski Resort Grows Under an Expansive Montana Sky – NYTimes.com

Big Sky is booming – while numbers in the residential real estate market were slipping a bit in 2016, the resort and town are doubling down on the tourism card to bring this resort market into the next realm…great article by the New York Times about how we’re expanding…. January 10, 2017 BIG SKY, Mont. …

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No slow down for Luxury Real Estate Sales – Mansion Global

This is an interesting development – I don’t believe in ‘national’ real estate markets, but segments of the market, such as the luxury sector ($1M and above) can trend on a national level.  Perhaps there has been no slow down due to the booming stock market – perhaps due to strengthening sentiment about real estate.  …

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Google Time Lapse – Development in SW Montana since 1984

A fun distraction – Google timelapse has enabled curious web surfers the ability to see the growth worldwide that has taken place since 1984.  Looking at our specific area, it’s interesting to see when the booms were in construction.  And how Bozeman and Belgrade appear to be growing together. Scroll around or zoom out to …

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City of Bozeman: Business Zoning Check – Bozeman Magazine

It will be interesting to see how seamless this program actually is – it seems that it is only focusing on business opportunities – the zoning code in Bozeman can be cumbersome and convoluted.  Anything that can help sort through it is a plus. City of Bozeman: Zoning Check Bozeman Magazine – Friday Nov. 25th, …

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Growth the answer to Bozeman’s low wages, consultant says | BDC

Will the Google or Amazon rumors help make this come true?  We shall see… Growth the answer to Bozeman’s low wages, consultant says By Eric Dietrich Chronicle Staff Writer Nov 16, 2016 If Bozeman wants to boost wages for its workforce, its best hope is encouraging economic growth so local industries have to compete for …

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Forecasts predict strengthening Montana economy, revenues

Currently, forecasts point towards a strengthening of Montana’s economy. This is being used as a basis for a new tax plan for Montana. It will be interesting to see how things pan out as our Legislative session convenes in February. Forecasts predict strengthening Montana economy, revenues By MATT VOLZ Associated Press Nov 16, 2016 HELENA, …

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