Where are we currently and where are we headed? The Montrose real estate market is continuing to cool to a manageable pace it once was before the urban flight and pandemic of 2020. We’re seeing numbers reflect what was the market of 2019, with about 15 properties going under contract per week during the fall season. We do believe prices are leveling out. There are...
by Atha Team 
If you follow our monthly real estate market reports for Montrose, you'll recall that July experienced a drastic reduction in unit sales in Montrose. Isolating numbers without proper context can yield to some shaky assumptions, and any thought that Montrose real estate was 'crashing' is answered emphatically by the month of August. You'll see that unit sales actually...
by Atha Team 
The Montrose real estate market is adjusting to find its new stride amidst several recent changes over the past several months. Buyers, sellers, real estate agents, and mortgage lenders are all attempting to make sense of the market, all the while reeling from the recent and fast-paced fluctuations. Mortgage rates have been extremely volatile over the past few months....
by Atha Team 
Montrose Market The Montrose market is in the midst of a shift toward a more balanced seller’s market. The most recent rate increases have sent shivers down the spines of borrowers as mortgage rates now float near 6%. Keep in mind that a 6% mortgage rate is nothing noteworthy relative to the historic average of 8%. But it is significant when combined with the current price of...
by Atha Team