News from the Knoff Group

Quarter 4 2016 SW Montana Real Estate Market Recap

As we near the heart of winter, let’s take a look back at the key real estate market metrics and statistics for the Bozeman, Belgrade, Big Sky and surrounding market for Quarter 4 2016. Key Metrics – Year over Year Comparison Quarter 4 2016 Southwest Montana Real Estate The Quarter 4 2016 real estate market …

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Comment on Short Term Rentals – Bozeman

The City of Bozeman has just created a survey for public comment on short term rentals aka vacation rentals or VRBO/AirBnB rentals within city limits.  An ongoing hotbutton topic, there will be three live public comment sessions in addition to the survey.   Take the Survey HERE>> SHORT TERM RENTALS PROJECT WHY ARE WE CONSIDERING THIS …

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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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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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