7 Absolute Essentials When Buying Montrose CO Real Estate
For many Montrose Colorado residents, purchasing real estate is often the largest investment decision they will make during their lifetime. Purchasing Montrose Colorado real estate should be a fun and exciting experience. Understanding the process for obtaining a home mortgage loan can help you be prepared for what to expect and will put your mind at […]
Cinderella Homes – Do Neighborhoods Affect Montrose Co Real Estate Values?
The idea of progression must be considered to properly answer this urban legend. Progression is, “An appraisal principle that states that, between dissimilar properties, the value of the lessor quality property is favorably affected by the presence of the better-quality property.” In other words, the appearance, value, and desirability of the surrounding neighborhood can and […]
Montrose & Ouray Colorado – Real Estate Market Trends
Montrose & Ouray Colorado Real Estate Market In Montrose County, the median home sales price for the 2nd quarter was $170,000; this is almost identical to last summer’s median price. Home prices seem to be holding steady with only slight increases. The current real estate market is not experiencing the large price increases seen […]
Montrose Real Estate Market Update – May 2014
National Real Estate Market – May 2014 On a national level, home prices are up 5.4% from last month and are up 7.7% from the same time last year. The median sales price is $191,600. Fewer homes are selling on the national level as home prices continue to rise. Affordability, tight credit, and a diminishing […]