Trading Mochas for Mortgages – May Real Estate Stats

   Montrose Market  For those of you following our monthly stats that we produce in-house, we may sound like a broken record. Aggressive appreciation and price gains, supply and demand, multiple offers; this has become all too familiar. Could there be a change in the wind? The recent interest rate hikes are not just […]

Will Rising Rates Crush the Housing Market? – April Real Estate Stats

Montrose Market     The Montrose market continues to behave like a summer market as we head into the traditional spring selling season. Home prices in Montrose have increased an astonishing 19% compared to the same period last year, with the median sales price now at $450,000. In addition, homes are selling 102% of list […]

Will New Construction Save the Day? – March Real Estate Stats

Montrose Market    Buyers in the Montrose market continue to snatch up new homes at a rapid pace despite record low inventories and record-high prices. Supply and demand are still the fundamentals at play in this historically unprecedented housing market. Several factors are motivating buyers to buy now rather than wait. One: buyers are realizing […]

May 2018 – Montrose Colorado Real Estate Market Update

What’s the New Housing Inventory Outlook? New construction is the new inventory as residential housing prices jump at a neck-breaking pace and inventory levels deplete. Developers are finishing-out once stunted subdivisions of the last real estate boom off West Main and North of Montrose, adding new and upcoming lot inventory for builders. Total inventory of […]

6 Questions to Ask Before Buying New Construction in Montrose

6 Questions to Ask Your Builder Before Purchasing a New Home Build What could be more exciting than being the owner of a brand new home? For real estate in Montrose CO, choosing to build new instead of buying what’s available can make a lot of sense, especially if you have a highly specific idea […]

Uptick in Builder Optimism – Montrose Colorado Real Estate

Builder Optimism Builder optimism is up and can be attested to by the 23% increase in Montrose Colorado Real Estate building permits recently issued. Builders have completed several new housing starts in Montrose Colorado and have more in the works. Recently, Bear Creek finished new homes, which are now available for sale. Also, two patio […]