Spring into Action: Home Maintenance Checklist
As warmer weather heads into Montrose, Spring is the ideal time to refresh your home and tackle any maintenance tasks that may have been overlooked during the colder months. Completing these essential springtime tasks not only ensures your home is in great shape but can help prevent time and money spent later on in the […]
Why is Bad News Good for Housing?
The US stock market has begun to shake as Wall Street and individual investors parse through the rapid fire moves of the new White House administration. As stocks have started what’s possibly a longer-term retreat in prices, investors have predictably reacted by jumping into safer assets like 10-year treasury bonds. If the scenario that’s currently […]
Understanding Homeowner Insurance
Homeowner insurance is essential in protecting your investment and providing peace of mind. While most people have policies in place to protect from weather, non-weather or accidental physical loss, one of the lesser-known key components of a homeowner’s policy is understanding your home’s value and its estimated replacement cost. These concepts might sound similar, but […]
Why Did Montrose Home Sales Jump 46%?
The Colorado Western Slope Market Colorado Western Slope real estate values continue to remain resilient despite dismal mortgage-rate trends. Consumers seem to be breaching the real estate log-jam as impressive changes in demand for real estate can be observed for the month of January. Home prices are up 6.4% year-over-year. Further, homes in Montrose experienced […]
Real Estate Newsletter – 1st Quarter 2025
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Survive Until 25?
The Montrose, Denver, and National Housing Market The Montrose real estate market just finished its second worst year since 2015. The Western Slope is faring better than the national real estate market, which just had its worst year since 1995. Overall, both local and national markets are stagnant due to a combination of elevated home prices […]
Is The Housing Market Stuck?
Montrose Market The real estate market in Montrose experienced yet another month of confusing and seemingly contradictory happenings. Prices staying steady, and going up, while sales volume continues to plummet to historic levels. Our buyer’s agents who are on the phone with buyers every day and searching high and low for housing options comment often on how […]
Prices Falling in Denver While Prices in Montrose are Going Up
If you own a home in Montrose, congratulations! While the National real estate market continues to see drops in prices in many markets, prices in Montrose remain steady. Hopefully, the last time you looked out your window or walked down your street to admire the San Juan Mountains wasn’t that long ago. Those views are […]
Real Estate Newsletter – 4th Quarter 2024
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Why The Heck Did Mortgage Rates Increase?
Montrose Market Home sales in the Uncompahgre Valley are relatively flat from the same time last year. Mortgage rates are slightly lower from last fall though prices continue to persist upward. The median price of a home in Montrose hit $500K in September, with prices increasing 5.7% over the last 12-months. Inventory levels continue to […]