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Displaying blog entries 1-10 of 14

US Economy Grows at 4.2% Rate in Second Quarter

by Tim Hart

The US economy grew 4.2 percent in the second quarter of 2014. The growth rate reflects the quarterly growth rate for the gross domestic product of the country. The rate increased slightly more than economists had expected, up 0.2% from their own estimates. The turnaround from the first quarter of the year has raised hopes of an improved second half of the year. In the first quarter of 2014, the economy shrunk by 2.1 percent. Now, the economy’s recent growth supports the expectations that the second half of the year will see marked improvement. Capital spending saw the largest growth, growing at an annual rate of 8.4% last quarter. Signs are looking positive for a growing economy for the rest of 2014.

Crutsinger, Martin. “U.S. Economy grew at brisk 4.2 percent in 2Q.” Associated Press. 29 August 2014.

 

 

New Adult Education Program in Three Forks

by Tim Hart

An Adult Education program will be coming to Three Forks. Starting in January, Three Forks adults will be able to enroll in classes designed to teach new skills and hobbies. For a minimal fee, residents could take up dancing, computer science, or whatever they are hoping to learn. Right now, its organizers Robert DoBell and Linda Hessen are listening to any suggestion from the community for class ideas. When the program starts, they are hoping to have around 8 to 10 classes offered, all based on the suggestions of Three Forks adults. Start up money for the program will come from the city’s adult education mill levy. Three forks’ residents can look forward to learning the skills they have always wanted, but never had the time or resources to achieve.

Longfellow Upgrades Nearly Complete for New School Year

by Tim Hart

Students at Longfellow Elementary in Bozeman will notice some changes to their school when they return to classes next week. This summer, Longfellow received 3.2 million dollars to renovate and update their school. The school focused on improving its energy efficiency, updating the building to modern codes and bringing healthier, fresher air to students. Changes include removing the old windows that had been there since the school’s founding in 1939. Now, the school has new, energy efficient classroom windows that will moderate temperatures in the school much better. The school has also added new air heating and ventilation in the hopes of creating a healthier environment, with fresher air for the students. A new elevator was also added to the school and will be ready at the beginning of September. Parents in the area can look forward to a healthier and more efficient school for their children this year. Anybody who would like to see the school and its new updates can visit Longfellow Thursday the 27th, at 3:30 pm.

Bozeman High School Get Highest ACT Scores in State

by Tim Hart

Bozeman High School received the highest average score for Montana’s high schools, scoring a 23.0 Composite score. Based against Montana’s 14 other AA ranked high schools, BHS also improved its own score from 2013 to 2014. Last year, Bozeman High School scored an average of a 22.5 on the ACT. Funny enough, Bozeman’s score last year still would have been high enough to take top honors again this year. The next highest school was Missoula Hellgate, who scored a 22.1 this year.

Bozeman High School may be able to hang its hat on its new test prep system. Before, the ACT had to be paid for and taken outside of school. However, starting last year, Bozeman began administering the exam to Juniors in high school and are given a full school day to take the test. Students who may have chosen not to take the test due cost, time, or interest, now do not have to worry and can at least make the attempt at going on to higher education. Any parent moving to Montana would want to consider the fact that BHS has made higher education accessible to all Bozeman students.

Not to mention… other Gallatin County Schools scored great too!

Three Forks 22.2

Manhattan 22.0

Belgrade 21.4

Willow Creek 20.4

 

Congrats to our next generation of college students!

Mortgage Rates Hit Lowest for 2014

by Tim Hart

After mortgage rates dropped in the U.S. for the second week in a row, borrowing costs hit their lowest rate yet for 2014. This week, the average rate shifted from 4.12% to 4.1% for a 30 year fixed mortgage. Although the percentage shift may be small, when added up over 30 years, even the smallest changes can greatly impact the cost of home ownership. A 30 year rate has not been this low since the end of October last year. 15 year mortgages also saw price reductions, slipping from 3.24% to 3.23% this month. The 30 year rate has been consistently declining since it had hit a two year high of 4.58% last August. Experts foresee the lower rates supporting and fostering home demand. July trends support these expert’s claims, as previously owned homes sold at an annualized rate of 5.15 million this July, up 2.4% from June. The longer the rates stay low, the more activity can be expected in the future of the US housing market.

Source: http://realestate.msn.com/blogs/post--mortgage-rates-hit-new-2014-low

East Wilson School May Become Residential Area

by Tim Hart

It looks like Wilson School may see some new life as a residential area. Bridger Builders presented a case to the city to turn the area into 18 single household units. Looks like there will be a parking garage as well for new residents. I will be interested to see whether the city decides to move forward with these plans. The meeting is at 6pm on Monday the 25th.

Source: http://www.kbzk.com/news/future-plans-for-east-willson-school-to-be-presented-to-city/

Off-Leash Dog Park Coming to Bozeman

by Tim Hart

 

 

 

 

 

A new dog park will be coming to Bozeman. The park will provide off-leash options, which is even better news for dog owners. The new park will be located at Rocky Creek Farm off of Frontage Road. Starting today, owners will be able to visit the fully fenced 2-acre park. The 2-acre park will allow for dogs off leash and is only the first phase in an effort to create a much larger dog park with both off leash and on-leash options. Soon, new trails will be created that will provide dog owners with on-leash hiking options as well. The park is now accessible thanks to West Paw Design, who finished installing a new bridge, opening up access to the park. West Paw Design also chipped in $6,000 worth of fencing and other small projects to get the dog park starting strong. Dog owners can now look forward to another beautiful park to take their dogs. Having a park with off-leash access will also provide the dogs with a fun, friendly environment to meet other dogs and not be constantly on-leash in public. Having a dog in the home has become even more worry free in Bozeman with this additional dog park, providing a place for home owners to get their dogs out of the house and burning some of that seemingly never ending dog energy.

New Home Construction Rising

by Tim Hart

I read an interesting article today on new construction for July. More and more people are putting their faith in the housing market. Here’s what I took out of it.

 

New home construction continued to rise in July which should continue to boost the economy in the coming months. Housing start ups climbed 16% last month to an annual rate of 1.093 million units, showing a renewed faith in the housing market. July levels hit the highest level of construction since November. Construction on new apartments has seen the greatest increase in the US. Total home construction rose 22% all the way up through July, and building permit applications.

 

http://realestate.msn.com/blogs/post--us-housing-starts-up-sharply-in-july

New Montesorri School Coming to Big Sky

by Tim Hart

A new school may be coming to Big Sky. The Big Sky Discovery School, a private Montesorri school, has been started by Big Sky locals Scott and Karen Maybee in an attempt to diversify the education options for Big Sky locals. The school will serve up to 12 students in first through third grade but will look to expand up to sixth grade in the next year. Both owners believe the new private school will only help enhance the quality of education available in Big Sky. As there is no Montessori school in Big Sky, Big Sky Discovery School will bring a less traditional education method to the area. The school’s calendar will mimic the local public elementary school, Ophir, but the prospect of a new school has received mixed reactions from locals. In general though, having multiple options for schooling can only help potential home-buyers feel more comfortable moving to a smaller town. The school aims to be environmentally sustainable while feeding their students only healthy, natural, organic food. The eco-friendly perspective may also align more with recently moved parents, who are looking to raise their children with these tenants in mind. Any home-buyer looking to move into Big Sky can only be heartened by having more educational options available for their children.

Updates Coming for North 7th Avenue

by Tim Hart

City officials met this past week with professionals from California in the hopes of updating and renovating North 7th Avenue.  The California company, the Mayor’s Institute on City Design, helps prepare mayors to become the chief designers of urban areas, and they will be begin by focusing on the 7th Avenue area that stretches from Main to I-90.  The area could see zoning changes as well as aesthetic updates. For property owners in the area, the new focus on 7th and its neighboring streets could really improve home values in the future. Now may also be the time to grab up any open real estate in the area, as improvements could lead to higher prices later on.

 

http://www.kbzk.com/news/a-new-vision-in-the-works-for-bozeman-s-north-7th-avenue-corridor/

Displaying blog entries 1-10 of 14