What is the Future of Luxury Real Estate in Montrose? – March Real Estate Stats
Montrose Market For the 2nd month in a row, unit sales in Montrose are down in the neighborhood of 40%. We are beginning to see some interesting deviations happening in specific price ranges in Montrose as well, which resemble pre-pandemic levels. Price ranges between $600k and $800k are increasing in supply rapidly, up to […]
Bad Floor Plans in Real Estate
In real estate, the floor plan can make or break your home’s value to potential buyers. We have seen time and time again where a house with an unusual floor plan will sit on the market significantly longer than a home with a typical layout. While the layout may make sense to you and fit […]
Is It Really All About the Rates? – February Real Estate Stats
Montrose Market The real estate market is experiencing a typical winter with cool sales and lower inventory levels. Colorado Front Range buyers are avoiding the winter passes while local residents wait for spring to list. Buyers are adjusting their expectations in the new rate environment even though monthly payments are significantly higher than 12 […]
How to Avoid Costly Mistakes as a First-Time Home Buyer
For anyone who’s a first-time home buyer, there can be a lot of things to think about. One of those is financial, of course, but there’s more to the equation than just whether you’re getting a good price for the house you’re buying. There are mental and emotional stressors that come along with buying a […]
What the Heck Happened in 2022? – January Real Estate Stats
Montrose Market Looking at last year’s real estate market and further back to 2015, one can observe the monumental wealth created through home ownership in the Uncompahgre Valley. Over the past seven years, homeowner’s net worth increased by 50% in Montrose, adding approximately $200,000 to household real estate values. Local and out-of-area demand continued […]
Should You Sell or Rent That Property for Income?
When you own a property and you aren’t using it, or you decide to move to a new home instead of the one you currently have, there are a couple of options for that current property. One of those is to sell the place you have now, and the other one is to rent that […]
A Long Winter Ahead for Real Estate? – December Real Estate Stats
Montrose Market The Montrose real estate market is currently experiencing a traditional winter season in relation to market activity, similar to 2017 and 2018. Housing inventory has increased 22.5% since its low in March but still remains tight with 3.1 months of inventory in November. Home prices in Montrose are down 10% from a […]
Giving Back on the Western Slope
As we enter the holiday season this year, now more than ever, it is important to give back to our local community on the Western Slope. With rising prices at the forefront of everyone’s mind, we love taking the opportunity to help others have abundant meals with their loved ones. Whether you are providing a […]
Newsflash! Montrose is Still a Seller’s Market – November Real Estate Stats
Montrose Market There is a lot about living in Montrose that is unique, compared to most of the rest of the state and country. The housing market is no exception. If we simply take a look at three simple barometers of the local real estate market below, Montrose is still in a seller’s market. […]
Our Favorite Podcasts for Life
In a world where the most listened-to podcasts for 2022 (according to Edison Research) are largely centered around crude humor, random (often useless) information, and true crime scenarios, we thought we’d share some of our go-to podcasts that will enrich your life, give you positive, helpful information, and give you tools to be a better […]