October 2017 – Montrose Colorado Real Estate Market Update
Market Update As the Montrose real estate market eases into the fall season, inventory continues to present an uphill battle for buyers. During the same period last year, the active inventory consisted of 306 homes. This year, the inventory of active homes for sale is down 20% with only 246 homes available for purchase. Over […]
How Do Neighbors Affect Your Montrose CO Home Value?
How Do Neighbors Affect Your Home’s Value? When you’re working hard to get your house on the Montrose CO real estate market, you’re well aware of the importance of curb appeal. Making your house look its best from the street by tidying up the yard and making sure that everything is in good repair is […]
July 2017 – Montrose Colorado Real Estate Market Update
High Octane Summer The Montrose Colorado Real Estate market is still running on all cylinders this summer as housing inventory shortages prove to be the prevailing headwind for 2017. The median sale price in Montrose for last month was $216,000. The number of units sold was up 15% from the same time last year while […]
6 Questions to Ask Before Buying New Construction in Montrose
6 Questions to Ask Your Builder Before Purchasing a New Home Build What could be more exciting than being the owner of a brand new home? For real estate in Montrose CO, choosing to build new instead of buying what’s available can make a lot of sense, especially if you have a highly specific idea […]
June 2017 – Montrose Colorado Real Estate Market Update
A Tight Spring Market The Montrose Colorado Real Estate Market has tightened this spring while sale prices continue to increase. The number of homes for sale in Montrose has floated around 250 units for the past few months, reflecting a decrease of about 50 units (20%) from the same time last year. New homes are […]
Different Loans for Your Montrose Home Purchase?
Unless you are one of the lucky few with a full bank account or a big windfall coming your way, you’ll need to consider financing when you decide to buy a house. In fact, it’s often a good idea to line up your home loan and get preapproved for a mortgage before you start shopping […]
5 Things to Look for in a Colorado Hobby Farm – Before You Buy
It’s easy to get caught up in the romance of the self-sufficient Colorado life. The idea of working outdoors in the fresh air, finally giving up your commute for good and living off the land, can be highly appealing — especially in a place like Colorado, where the natural world is truly special. If you’re […]
April 2017 – Montrose Colorado Real Estate Market
Home Prices Reaching Possible Breaking Point With consumer confidence at a 16-year high and Montrose Colorado real estate values gaining monthly, anticipation is expected as to what 2017 will bring. Along with the booming equity in home vales comes the reality that Montrose home prices are reaching a possible breaking point for local buyers in […]
4 Ways to Determine If a Montrose CO Home Is Affordable
Buying a house in Montrose CO is exciting, and ideally, you will enjoy it for years to come. Many aspiring homeowners wonder just how much they can afford to spend. The answer is different for everyone, so you’ll have to crunch the numbers and take an honest look at your budget. There are some general […]
February 2017 – Montrose Colorado Real Estate Market
The Montrose Colorado Real Estate Market has experienced very little slowdown. November and December experienced the traditional holiday period lull, but February and March have provided accelerated activity here at the Montrose Keller Williams Office. Rates are rumored to increase today; this will put a further dent in affordability for first-time home-buyers. Affordability is still […]