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... read more

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... read more

Sometimes it can feel like everyone has advice when it comes to buying a home. While your friends and loved ones may have your best interests in mind, they may also be missing crucial information about today’s housing market that you need to make your best decision. Before you decide whether you’re ready to buy a home, you should know how to answer these three questions. 1. What’s Going on with Home Prices? Home prices are one factor that directly impacts how much it will cost to buy a home a... read more

Is real estate still a good investment? Real estate can be looked at as an investment in different ways. When purchasing rental property, one could say they are doing so for investment purposes and over time the properties will appreciate along with principal reduction being paid in rent from tenants. There are also some tax advantages to real estate investing; talk to your accountant to learn more. There are many ways to invest, and real estate is definitely a more tangible investment that an owner can actually dr... read more

Check out the latest Coldwell Banker Distinctive Properties Quarterly Market Report!  The report features detailed information pertaining to the Grand Junction area real estate market, including average sale prices and trends in various categories like single family homes, luxury properties and more for Quarter 2 of 2021. If you have any questions or would like more information about what's happening in the Grand Junction market you can reach out to your local Coldwell Banker Agent today! ... read more