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 […]

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 […]

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 […]

September 2017 – Montrose Colorado Real Estate Market Update

Local Market The Montrose Colorado Real estate market is still in high gear as homes continue to gain in value and sell with minimum days-on-market, reflecting the ever-tightening housing inventory. The marketplace saw a back-to-school lull but picked right back up; 30 homes went under contract in Montrose County September 1st through 8th. They ranged […]

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, […]

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 […]

February 2017 – Montrose Colorado Real Estate Market

The Montrose Colorado Real Estate Market has experienced very little slowdown. November and December experienced the traditional holiday period lull, but February and March have provided accelerated activity here at the Montrose Keller Williams Office. Rates are rumored to increase today; this will put a further dent in affordability for first-time home-buyers. Affordability is still […]

January 2017 Market Update – National & Montrose CO Real Estate

January 2017 – Montrose CO Real Estate Market Update Montrose CO Real Estate Market Happy New Year and welcome to your 2017 Montrose Colorado Real Estate Market Update. I’m going to give you a quarterly snapshot of 2016 in Montrose, along with an update on land sales in Montrose, followed by a national real estate market […]