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3 Reasons Why the Montrose Real Estate Market is Similar to Denver

3 Reasons Why the Montrose Real Estate Market is Similar to Denver
3 Reasons Why the 2015 Montrose Real Estate Market is Similar to Denver
  1. Low Housing Supply

Montrose CO Real EstateWith the crunch in construction lending restrictions, some home-builders in Montrose Colorado are finding it hard to obtain financing. The inventory of new builds is increasing, but slowly. The majority of these new builds are custom builds as well, which never see the open market. Many of the new housing starts will be finished in the fall, which may be too late for buyers looking to complete a real estate transaction before school starts again. Because of this lack of inventory, the prices of homes are driving upward due to demand.

  1. The Green Rush

Like it or not, Marijuana is now legal in Colorado. We’ve had first hand experience, especially with baby boomers, choosing Montrose Colorado as their top retirement destination, citing legal weed as one of the reasons they chose the area for retirement (Seniors Choosing Legal Pot States for Retirement). We’ve also had several inquires from Buyers from Florida to California asking about “self-sustainable” acreage with lots of irrigation.

  1. The Great Outdoors

20140222_131953Though it may be aloof to compare the outdoor scene in Montrose to Denver, many people are moving to Colorado because of the amazing outdoor opportunities. Many retires are moving to Montrose because they love to RV camp and tour the old mining trails with Jeeps and 4-wheelers. Montrose is the perfect base camp for these activities. Many Buyers who are moving to Montrose Colorado want ample toy and RV storage on the property they purchase. This is not exactly the “purist” outdoor crowd, but an outdoor enthusiast crowd none-the-less.

Most non-fly-fisherman are not aware of this, but Montrose is one of the top fly-fishing locations in the US. Matt McCannal, Shop Manager and Guide at Rigs Fly Shop in Ridgway, purchased a home in the Montrose area after a year long road trip across the US in search of the ultimate fly-fishing paradise.

Thinking about Buying or Selling? Call or Text: 970-417-9375

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Diana Atha

Diana Atha is a seasoned agent in the Montrose, Colorado real estate industry. She has served within the Montrose professional market since 2006 and is part of Keller Williams Colorado West Realty. Diana has extensive experience as a real estate agent and is naturally gifted in customer service. She has passed on this knowledge and mentored rising stars in the Atha Team. Diana and her team have achieved many awards serving as buyer's and seller's agents in Montrose, Ridgway and Ouray. “Top Residential Sales Team” in 2017 “Top Residential Sales Team” in 2016 “Top Listings” and “Top Producer” in 2016 “Top Residential Sales Team” in 2015 “Realtor of the Year” in 2013 Recognition for ranking 3rd in real estate sales volume in 2013 Diana has served as a volunteer in many different aspects of the community throughout her over 25 years of Montrose residency. Growing up, Diana was modeled in the discipline of servant leadership. Her father, Rick Weaver of Del-Mont Consultants and Samaritans Aviation, included Diana in many community projects serving the needy. As Diana grew older, she traveled to Kenya, Papua New Guinea, Australia, New Zealand, Hungry, Romania, and Japan to help serve others in a Christian Humanitarian context. Diana now volunteers her time at the Magic Circle Theatre, Grace Community Church, Rotary International – Montrose CO, and served on the Board of Directors for the Montrose Association of Realtors. Diana is married to Ian Atha the Listing Specialist for the Atha Team and happily resides in Montrose Colorado.

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