Real Estate Market Update: the San Juans of Colorado and Beyond
Lots going on this month in the world of real estate beyond the borders of the San Juan region. Ouray, Ridgway, Montrose and Telluride residents can get a glimpse of the bigger, national picture by reading the links down below. Whether you’re looking at purchasing your first home, a new home or ready to sell, our staff at San Juan Realty, Inc. is happy to do the legwork for you so you stay up-to-date on the latest in national and local real estate trends. It’s not just about Colorado, but the economy as a whole!
The Down Payment Makes a Comeback – Tighter underwriting requirements have made higher down payments key. Here’s why the down payment is vital to lenders.
President Bush Signs Massive Housing Bill – President Bush signed a housing bill Wednesday intended to rescue about 15 percent of the cash-strapped homeowners in fear of foreclosure in the next year or so.
Single-Family Housing Permits Fall to 26-year Low – U.S. home builders sharply reduced the number of new homes starting construction in July and dropped the number of new single-family permits to the lowest level in 26 years, the Commerce Department estimated Tuesday.
Raising a Family in the San Juans – School Costs Add Up for Local Families – Back-to-school expenses usually generate thoughts of new clothes, pencils and notebooks. However, parents are finding school fees during registration can also add up.
As always, our staff is here to answer your questions. If you’re new to the area, stop by our offices and say hello and we’ll help point you in the right direction whatever you might need. If you’ve been in the area awhile and just never met us, we look forward to making your acquaintence. The beautiful part of this lovely region of Colorado is that it’s not just another collection of mountain towns – we’re communities of friends, relatives and professionals all interested in living in one of the best places in the world!
The Staff at San Juan Realty, Inc.
Tags: CO, colorado, montrose, ouray, real. estate, ridgway, san juan realty, telluride
