Looking at 2020

The real estate market has had its ups and downs in 2020. When COVID hit in March, the market came to a standstill.  But that changed in the summer—and buyers are out in full force, driving major increases in both home sales and home prices, even during the winter.

According to data from the National Association of REALTORS®, in October, existing home sales were up nearly 27 percent from October 2019. And the median existing home sale price in October was $313,000. That’s up from $271,100 in October 2019—an increase of nearly 16 percent! 

With more families homeschooling and working from home, why not live somewhere you love! 

COVID-19 vaccines, stock market soaring and with mortgage rates hovering around 3%, this real estate growth will continue. 

The Takeaway:

So, what does that mean for you? Buyer demand is extremely high, which is driving up sales, competition, and prices—so if you’ve been thinking about selling your home give me a call. Carrie Summers 979-759-2540 MancosHomes.com 

Helping Others!

 

Join me in helping others!

 

The Piñon Project

The Piñon Project Family Resource Center helps over 3,000 families and their children in SW Colorado every year.

Piñon Project programs include an Early Learning Center, early childhood education and parenting programs, youth services programs (Mentoring and Sources of Strength), Emergency Assistance Coalition (homelessness prevention), Access to Health programs (Eating Smart Being Active) and Family Programs (Successful Families).

Mancos Giving Tree

Christmas trees displayed around town have ornaments to choose from. Ornaments provide the option to buy gifts, food, or help pay utilities for families in need.  Drop off gifts or checks at my office, Colorado Ranch & Home Realty 145 Grand Ave in Mancos.

Salvation Army

Have you put money in the red kettles?  The money raised here in Montezuma County stays here and helps with food, utilities, clothing and emergency shelter. 970-564-4228.

Good Samaritan Center

Can you put together a nonperishable food box?  The Good Samaritan Center food pantry is located in the “pink building” at 30 N Beech Street Unit C, in Cortez, CO. They are open 12pm-2pm Monday-Thursday each week for curbside pickup of food boxes.  For more information go to goodsamscortez.org

Turning our hearts toward home!  MancosHomes.com