News from the Knoff Group

Market Update: Q1 2019 Year Over Year Breakdown

Please enjoy our quarterly Southwest Montana real estate market analysis and breakdown of statistics for Quarter 1 2019 as compared with the previous two years. Single Family Homes Single family homes are seeing continued median sales price appreciation across most areas of the market with the exception of Big Sky which had a drop as …

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Q2 2018 Y/Y Real Estate Market Update

Knoff Group Quarter 2 2018 Year over year market update and report     Single Family Homes City of Bozeman is seeing the same reduction of inventory that is being seen in other markets – lack of quality inventory is pushing pricing higher and creating high buyer demand for well-priced properties. Median sales price has …

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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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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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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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