News from the Knoff Group

Ready to go from renter to homeowner?

The age old question – rent vs buy. In our area, rents are skyrocketing – and many people can purchase and pay less than renting a similiar property – by a lot. Renting vs. buying a home: Which is best for you? By Dawn Papandrea Posted: 11/18/16 Updated: 01/13/17 Sara Woznicki, a 25-year-old Richmond, Va., …

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Six takeaways from Prospera’s annual economic report

Our area of Montana is growing at record pace. Population, cost of living and our economy are expanding as a result. Prospera has just released their annual economic report for Gallatin and Park Counties. And the data indicates that this trend will continue. The report can be viewed in its entirety at prosperaprofile.org. Six takeaways …

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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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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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Quarter 3 2016 Real Estate Market Recap and Metrics – Southwestern Montana

Hot off the presses! Please enjoy this compilation of market metrics for the Bozeman, Bozeman Area, Belgrade, Manhattan, Three Forks, Livingston and Big Sky areas of Southwestern Montana, focusing on single family homes, condo/townhomes and land sales.  Quarter 3 2016 statistics are compared against those from 2015 and 2014. Click on image above for YouTube …

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