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A Chilly Draft In The Housing Market? – November Real Estate Stats

 We've been experiencing a glorious fall here in Montrose, filled with sunny 60-70 degree days. As I write this now, a chilly, biting wind out of the south is signaling the changing of the guards. The real estate market in Montrose very much follows this pattern as well, as many people who purchase homes in Montrose are content to ditch the snowy, mountain passes...

Why Are Home Buyers Reassessing? – October Real Estate Stats

 The Montrose Real Estate market is following suit with the traditional fall-season slowdown. Kids are back in school and the cooler temps are ushering in the closure of the typical home-purchasing season. Homes are selling, albeit taking longer to sell than what the market has been accustomed to. The housing Inventory is averaging 3.6 months of supply for the month of...

Shortest Housing Cycle Ever? – September Real Estate Stats

 The Montrose real estate market experienced a resurgence of home prices in August. The surge in the median sale price of existing homes was due to an increase in luxury home sales; 8 of the 9 highest-selling homes in August were purchased with cash. The increase in greenback purchases in the upper-end market is in conjunction with mortgage rates recently piercing upward...

Is The Market Still Strong If You’re Selling a Home? – August Real Estate Stats

 Montrose Market Depending on who you are, the Montrose Colorado real estate market is either crashing or still quite strong. Home buyers who have been sitting on the sidelines, waiting for “a good deal”, expound upon the woes of 2008. Other home buyers are attempting to time the market and talk of an “everything bubble” that will topple real estate...

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