Market Updates

June 23, 2021

Early Summer Market Report


Nationwide and locally, we remain in an ultimate sellers’ market. If you’re a homeowner thinking about selling, you have a huge advantage in today’s housing market. Very few houses for sale paired with high buyer demand makes this the optimal time to sell for those who are ready to ...

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May 26, 2021

Southwest Colorado Real Estate Update


Earlier this month, Westword reported that the median price for a Colorado single family home topped $500k for the first time. We have been experiencing an influx of migration to the state for several years at this point but now maybe more so than ever. The demand for housing ...

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April 29, 2021

A Good Time to Sell

Is now a good time to sell your home?


Yes. We are in a seller’s market. If you are a seller, this is your time. 


For various reasons, including record-low mortgage rates, pandemic related relocating, and increases in remote work options, people are looking for new homes ...

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March 23, 2021

Millennial Impact on the Housing Market


By Jane Barden


Over the past year the housing market has been an incredible force in keeping the U.S. economy afloat. The desire to move out of densely populated cities into suburban or rural areas increased greatly. The pandemic revealed to many Americans the power of working ...

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Jan. 22, 2021

Remote Work Encouraging Relocations to the Southwest


It is no secret that remote work has, for many, become the new way of the workplace. According to Nicholas Bloom, an Economics Professor at Stanford’s School of Humanities and Sciences, 42 percent of the American workforce is now working from home full-time. He points out that “The stigma ...

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Jan. 22, 2021

2021 Predictions: A Stronger Housing Market


The year 2020 brought a significant boom to the housing market across the board. With mortgage rates meeting 50-year record lows and an increase in relocations due to more remote work, sales were at all time highs. Simultaneously, home prices rose as buyer demand surged. Entering 2021 with so ...

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Oct. 5, 2020

The 2020 Housing Market Supply

Housing Inventory Reaches a Historic Shortage


Colorado Real Estate


The Covid-19 pandemic has undoubtably shaken many aspects of our economy as a whole, and the housing market has been no exception! With mortgage rates at a historic low and buyers demand at an unprecedented high, we are now seeing a strongly ...

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Sept. 2, 2020

Mortgage Rate Update

Just In: Mortgage Rates are LOW


Earlier this month, the average rate on a 30-year fixed mortgage fell to 2.98%. According to Freddie Mac, the mortgage-finance giant, it is the lowest level in almost 50 years of record keeping. With rates this low, it allows buyers a fantastic ...

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Jan. 29, 2020

Market Update January 2020: Montezuma County

If you're wondering if it's a good time to sell your Montezuma County property, the answer is Yes!  We are already receiving calls from Buyers every day, and with Spring just around the corner, the pace will be picking up even more. Expert Tip: There's no ...

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Posted in Market Updates