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Montrose Co Real Estate

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 also been an increase in the median home price by about 20% from $194,437 to $234,800 since the first...

Montrose Co Real Estate

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 2017.   The hot spot in the Montrose market continues to...

Montrose Co Real Estate

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 done anything negative that could show up on your report, credit bureaus can and do make mistakes....

Montrose Co Real Estate

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 average number of days on the market for homes has fallen from 70 days to...

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