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rate increases

Are Home Sales Really Down 46 Percent - August Real Estate Stats - Atha Team Home Realtors

Are Home Sales Really Down 46%? – August Real Estate Stats

   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....

Is the Housing Tide Receding back to Normal - July Real Estate Stats

Is the Housing Tide Receding back to Normal? – July Real Estate Stats

   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...

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