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 […]
6 Ways to Get Ready to Sell Your Home
When it’s time to sell your home, you need to be as prepared as possible. That means finding the right real estate agent, but there’s much more to the issue than that. You also need to get the house itself ready, and make sure you’re prepared for what buyers may ask for as you move […]
Will Local Real Estate Rise or Fall? – February Real Estate Stats
Local Market Montrose Colorado’s residential housing market experienced relatively high numbers for January sales. Homes sold for almost 29% more in January 2018 than in January 2017 and we saw 13% more sales last month than a year ago. Are these numbers ramping up due to the unseasonably high temperatures or is it a result […]
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 […]
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 […]
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 […]
Is Refinancing Right for You? 5 Questions to Ask Yourself
When discussing real estate in Montrose, CO, you’ll find it’s almost always more exciting to talk about buying a house than it is to think about the money. Still, refinancing is a topic worth discussing, especially since it can save a significant sum over the years. Those savings could even lead you to a bigger […]
6 Ways to Go Green in Your Home
6 Ways to Go Green in Your Home Whether you’re shopping for a new home or just want to spruce up your old one, lowering your carbon footprint and making your home a little greener is a worthwhile investment. An eco-friendly house is more likely to attract buyers looking for real estate in Montrose, CO, […]
August 2017 – Montrose Colorado Real Estate Market Update
Montrose Real Estate Market 2013-2017 Historical Recap The Montrose Colorado real estate market has proven resilient with sustained growth trends over the last four years, not only in the number of home sold, but also in home value gains. Homeowners, once underwater in mortgages acquired during last housing peak, have been able to sell at […]
April 2017 – Montrose Colorado Real Estate Market
Home Prices Reaching Possible Breaking Point With consumer confidence at a 16-year high and Montrose Colorado real estate values gaining monthly, anticipation is expected as to what 2017 will bring. Along with the booming equity in home vales comes the reality that Montrose home prices are reaching a possible breaking point for local buyers in […]