Epidemic Impact

Montrose Market During the month of April, the local real estate market was at a near-standstill due to the Shelter in Place Order. Real estate was eventually determined an “essential business” during the Shelter in Place Order for the month of April, but only to service pending sales. As a result, the Montrose real estate market experienced a 42% drop in showings for the month of April and a 51%...

Montrose Market The Montrose real estate market is slowing as the current effects surrounding the COVID19 epidemic impact our local community. Although the real estate industry is considered a critical business by the State of Colorado, the shelter-in-place mandate is being taken seriously by agents, home buyers, and home sellers. This has led to the obvious impact of a slow-down in buyers physically...