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 that […]