News from the Knoff Group

Fed Looks at Effects of Hypothetical Rate Rise

Fed Zeroes In on Vulnerability to Rate Rise By Victoria McGrane | The Wall Street Journal – 13 hours ago The Federal Reserve is scrutinizing the nation’s biggest banks to ensure they can handle an eventual rise in interest rates, as concern grows among regulators about the risks posed by a long low-interest-rate environment. On Thursday, a …

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Montana Humor

A touch of Montana Humor for a day when it was 12 degrees in the morning with 4″ of snow on my porch.  Seems like mother nature was playing a a joke on Spring. A tough old cowboy from Montana counseled his grandson that if he wanted to live a long life, the secret was to sprinkle …

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Is your vacation rental legal?

The City of Bozeman requires vacation rentals to be permitted.  This is an interesting article that ran in last Sunday’s paper about the issue. by Amanda Ricker When the housing market collapsed in Bozeman, Phil Sgamma feared the bank would foreclose on his home. He began renting to tourists to make ends meet. “It did …

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Buyer’s Remorse – What it is and how to deal…

This is an interesting little piece that, though not directly related to real estate, is something that can commonly happen in any sales transaction.  The dreaded Buyers Remorse – just what is it and what causes it exactly? Taken and adapted from the March issue of Bozeman Magazine – article by Tom at Small Town …

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Exempt well bill passes Senate – via Daily Chronicle

Water issues are front and center in Montana right now.  This well bill will hopefully help ease some tensions that have been rising lately. On Wednesday, legislators struggled with the recurring issue of water well exemptions in an effort to stave off the increasing conflict between developers and landowners and water rights holders, including agricultural …

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4 Home-Buying Nightmares to Prevent

Note: Though this article is targeted to Realtors®, many of these tips are directly related to buyer activities during a real estate transaction.  Be a smart and well prepared buyer – and use this information to your advantage!  Via Trulia Pro Blog. If you’re a film fan, you might have noticed a theme that I …

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Neighborhood Profile: Wylie Creek Estates, Bozeman

Wylie Creek Estates is a neighborhood located outside Bozeman City limits off the recently reengineered Valley Center Road in Gallatin County.   Named for Mary Wylie, a member of the first tourist party to cross Yellowstone Park in 1880 via covered wagon.  She had followed her husband William Wallace Wylie to Montana from Iowa in 1879 …

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Baxter’s Neon Blazes Once Again

The Baxter Hotel, Bozeman’s tallest building,  sits as a sentinel at the west end of Main Street.  Above it, much like a crown, sits the 45 foot wide, metal neon sign first erected in 1929.  The Baxter Hotel sign is an icon of a bygone era and a landmark for the city.  Other than a …

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2013 and Home Loans – What’s News in January 2013?

What’s Ahead in 2013? New Year Home Loan News via You Magazine Homeowners and homebuyers have a lot to keep track of as we head into 2013. Here’s a quick overview of the top stories to watch over the next few months. The Fed In their final meeting of 2012, the Fed vowed to continue …

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