Montrose Area Happenings

What To Do with Your Vacation Home as Summer Ends

By KCM Team
Posted by Inactive Shanna Shepherd on August 30, 2021 in  uncategorized
As summer comes to a close, is it time to think about selling your vacation home? Based on recent data and expert opinions, it’s something you may want to consider. According to research from the National Association of Realtors (NAR), vacation home sales are up 57.2% year-over-year for January-April 2021. If you’ve taken your last vacation this summer, here are reasons you should consider selling your vacation home this year. 1. Remote work continues to drive demand for vacatio... Readmore

What Does Being in a Sellers’ Market Mean?

By KCM Team
Posted by Inactive Shanna Shepherd on August 25, 2021 in  uncategorized
Whether or not you’ve been following the real estate industry lately, there’s a good chance you’ve heard we’re in a serious sellers’ market. But what does that really mean? And why are conditions today so good for people who want to list their house? It starts with the number of houses available for sale. The latest Existing Home Sales Report from the National Association of Realtors (NAR) shows housing supply is still astonishingly low. Today, we have a 2.6-mo... Readmore

Looking for a Place To Call Home? Consider a Condominium.

BY KCM CREW
Posted by Jacqueline Styons on August 24, 2021 in  uncategorized
It’s no secret that one of the top stories in today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it may be worth considering a condominium (condo) as a worthwhile option. In fact, trends indicate condos are gaining popularity among buyers. In the latest Existing Homes Sales Report from the National Association of Realtors (NAR), the data sh... Readmore

Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand

Posted by Inactive Shanna Shepherd on August 23, 2021 in  uncategorized
One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting demand and, by extension, leading to the recent slowdown in sales activity. However, demand isn’t the real issue. Instead, it’s the lack of supply (homes available for sale). An article from the Wall Street Journal shows this is true for new home construction: “Home builders have sold more homes... Readmore

Is Real Estate Still A Good Investment?

Posted by Johnny Brokaw on August 23, 2021 in  uncategorized
When reading through a list of topics about what I would like to write a blog entry, this one set off all the bells. I want to write about things I truly believe in and this is certainly that. Here are 3 reasons why I believe real estate IS a good investment.    Appreciation. Though I do appreciate you as a person, this is the other kind: when something gains value over a certain time. You can look all day at markets, interest rates, and trends; and that is good. You can certainly optimize the system by u... Readmore

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