Fruita Market Report – January 2021

Here's the latest Fruita Market Report from Fidelity National Title. Their current Fruita Market Report indicates that it is a STRONG seller's market. They use an index that measures the current rate of sale vs. the amount of inventory available. Anything over 30 is a seller's marketing. Anything under 30 means it is a buyers market. As of today, the index lists Fruita at 57, which is down from last month's 55.

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The Current Housing Shortage

If you've been looking at buying or selling your home right now, you've probably seen that there is a housing shortage. This isn't localized to our area, it is a problem across the United States. Interest rates are historically low, millennials are ready to purchase their first homes, and there is a lack of inventory in the real estate market right now. So, what should you keep in mind with the current housing shortage?

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Fruita Market Report – December 2020

Here's the latest market report from Fidelity National Title. Their current report indicates that it is a STRONG seller's market. They use an index that measures the current rate of sale vs. the amount of inventory available. Anything over 30 is a seller's marketing. Anything under 30 means it is a buyers market. As of today, the index lists Fruita at 59, which is up from last month's 55.

Continue ReadingFruita Market Report – December 2020

Fruita Market Report – October 2020

Here's the latest market report from Fidelity National Title. Their current report indicates that it is a STRONG seller's market. They use an index that measures the current rate of sale vs. the amount of inventory available. Anything over 30 is a seller's marketing. Anything under 30 means it is a buyers market. As of today, the index lists Fruita at 59, which is just up from last month's 54.

Continue ReadingFruita Market Report – October 2020