Linda Steil



September Real Estate News

By Linda Steil - September 13, 2023
REAL ESTATE - MONTROSE, OURAY, & DELTA COUNTIES    Market Resiliency as Inventory Rises Available homes, pending sales and dollar volume are all higher than a year ago at this time, demonstrating a resiliency in the market despite stubbornly elevated mortgage rates. This activity is a clear indication of high demand for homes across the valley an

Housing Market Forecast For The Rest of 2023

By Linda Steil - August 21, 2023
Housing Market Forecast For The Rest of 2023 What will happen in the housing market for the rest of 2023? Here's what the experts think. Some Highlights Want to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth. Where mortgage rates go for the rest of the year

August Real Estate News

By Linda Steil - August 09, 2023
MONTROSE - COLORADO - REAL ESTATE   Inventory and Pending Rising! It has been a beautiful summer in our area. A stormy spring yielded an abundance of wildflowers and great fishing and river activities. Montrose Summer Music Series, the Delta, Montrose, and Ouray County Fairs and Rodeos, Ouray Mountain Air Music Series, Black Canyon Quilt Show, and fa

July Real Estate News

By Linda Steil - July 18, 2023
MONTROSE, DELTA, & OURAY COUNTIES - COLORADO - REAL ESTATE   Sluggish First Half The effects of low inventory and higher interest rates have shaped our market through the first half of the year.  Year to date, dollar volume in Montrose County is down 32% while unit sales are down 19%.  There are pockets of the market that continue to demonst

Why Home Ownership Wins In The Long Run

By Linda Steil - July 03, 2023
Today's higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year? While it's true this year has unique challenges for homebuyers, it's important to think about the long-term benefits of homeownership when making your decision. Consider this: if you know people who bought a home 5, 10, o

June Real Estate News

By Linda Steil - June 26, 2023
REAL ESTATE NEWS | MONTROSE COUNTY   Let Summer Begin! From farmer's markets to festivals, hiking and biking and time on the water, this is a special time of year to enjoy everything the area has to offer. With schools out for the summer and visitors flocking to our market, it's an invigorating time to be part of the community and experience all the su

May Real Estate News

By Linda Steil - May 11, 2023
REAL ESTATE NEWS | TRI-COUNTY   Buyer Demand Up Despite Inventory Challenges…                                Closed sales (down from 2022) and market pace is not reflective of buyer demand as low inventory levels continue to put pressure on sales.  As a more historic market c

Spring Yard Cleanup Nomination

By Linda Steil - April 24, 2023
  Nominate a Neighbor in Need Berkshire Hathaway HomeServices Colorado Properties’ Montrose Brokers Give Back with Spring Yard Clean Up, May 4   Montrose residents can help a friend or neighbor in need of some yard work support by nominating them for the Berkshire Hathaway HomeServices Colorado Properties’ Spring Clean-Up, scheduled for May 4, 2023.   About th

NEW Listing Inventory is LOW compared to Q1 of 2022

By Linda Steil - April 21, 2023
Today's sellers' market holds great opportunities for homeowners ready to make a move. Listing your home now will maximize your exposure as buyer activity continues to increase over the spring and summer months in our market.  The lack of inventory creates a bigger advantage for sellers and has kept prices strong.  In fact, according to  Black Knight, recent mac

Assessed Value of your home

By Linda Steil - April 21, 2023
The County Assessor's office is mailing every property owner their new assessment. This is not new information as it happens every two years as set by Colorado state law. The significance of this year though is that property values have increased at a higher rate during the assessment time frame.   Please consider me a resource.  If you do own property and need a quick opinio