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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 what is now over 10 months of available inventory. While many...

Bad Floor Plans in Real Estate - Atha Team Blog

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 your family’s needs, it may not be the best way to invest your hard-earned money if you can’t sell the home down...

Is It Really All About the Rates - February Real Estate Stats

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 months earlier. Some buyers are...

What the Heck Happened in 2022 - January Atha Team Real Estate Stats

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 to drive up real estate equity...

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