1st Quarter Sales Trends
Local As we come into the Second quarter of 2018 it’s clear that the trend of decreasing inventory and increasing home prices continue. The average number of homes active on the market below $300,000 has decreased by 18% from 95 to 78 from the first quarter of 2017 to the first quarter 2018. There has […]
What Happened in 2017? – Recap of the Montrose Housing Market
2017 Recap of the Montrose Housing Market The Montrose Colorado real estate market held par with the previous 4 years of growth through 2017. The market experienced price gains of approximately 7% over the calendar year, keeping up with the previous annual gains of 7%, median year-over-year, since 2012. In total, 742 homes sold in […]
Should You Check Your Credit Report Before Buying A House?
When you’re thinking about buying a house there’s a lot to consider. Finances are a large part of that, but while you’re focused on whether you have a down payment and how much the house costs, you might be neglecting something very important. You also need to check your credit report. Even if you’re never […]
December 2017 – Montrose Colorado Real Estate Market Update
Fewer Foreclosures and a Strong Sellers Market – Seize the Market! Local Real Estate Indicators The local real estate market is performing at a solid pace. It is not as strong as the Mesa County or general Colorado market but population and labor force growth prohibit a large expansion of housing in Montrose. The […]