News from the Knoff Group

Bozeman population growth #1 in state – BDC

The real estate market is feeling the pressure of the influx – especially in central Bozeman. This short article summarizes where we are with area growth… Bozeman population growth outpaces other Montana cities Jul 21, 2016 Bozeman Daily Chronicle BOZEMAN, Mont. (AP) — U.S. Census estimates show that Bozeman’s population growth is outpacing that of …

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Oak Street Widening - Intersection Image

Oak Street Expansion to Five Lanes – BDC

Traffic in Bozeman continues to increase and it is becoming evident that some of our roadways are not capable of handling continued growth in their current configuration.  The City of Bozeman commission considered both an expansion on Main Street and an expansion on Oak Street.  The Oak Street option is more favorable to the commission …

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Quarter 1 2016 Market Update

The year is zipping past, and we’re already halfway through Quarter 2, 2016!  The market is going gangbusters – it will be interesting to see where we sit for Quarter 2 once completed. Quarter 1 proved to be a banner one in most segments of the market – with a few exceptions. Please enjoy this …

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News from Bozeman Yellowstone International Airport

Brian Sprenger with the Bozeman Yellowstone International Airport came to speak to the Gallatin Association of Realtors® on Friday, November 13th about the airport and its impact on the local economy. Keeping it simple, our airport is growing steadily at around 5% per year and Brian doesn’t anticipate it slowing down anytime soon.  It contributes …

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Quarter 3 SW Montana Real Estate Market Recap

We’re already halfway into Quarter 4 and the real estate market in Southwestern Montana continues to chug along. While new listings coming on the market are slowing from their summer peak, the listings that are coming on have continued to go pending and sales remain strong. There were some interesting shifts in our market during …

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Gas prices and their effect on first time home buyers.

I heard an interesting story on Nightly Business Report (PBS) last night that got my wheels turning a bit. According to one of their sources, the drop in gas prices puts approximately $100 into the pocket of the average first time home buyer per month. With historically low interest rates, this can equate to a …

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Bozeman Cost of Living | Prospera Business Network

Prospera Business Network has just released their Quarter 3 Cost of Living Index for the Bozeman area.  This is a very interesting comparison on how we stack up against other areas – including larger metropolitan communities. Bozeman’s Cost of Living at Two Percent Above the National Average, Housing 16 Percent Above Average for Third Quarter …

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