BERKSHIRE HATHAWAY Home Services Colorado Properties REASON FOR OPTIMISM IN UNCERTAIN TIMES Many headlines have generated uncertainty around the local and national housing market Lower inventory inflation and interest rates have created pause in the market And while our very active market did need to rebalance opportunities awat those who are ready to make a move to buy or se Depending on who you listen to the US economy is or will be in a recession soon Thankfully, we have history to look back on to help project DASSEED PROMESA HOUSE HOUSE where we are headed Housing is traditionally one of the first sectors to slow as the economy shifts, but it is as one of the first to rebound according to All Wolf, Chief Economist at Zonda Additionally, Freddie Mac notes that interest rates also decline during a recession: Over the last six recessions dating back to 1980, interest rates have declined 18 percentage points from the peak seen during the recession to the trough Both points bode well for what is developing to be a more balanced market So, reasons for optimism exist and as we work our way through a hyper-local GAPL Price Reduced Saturday, 11/12 11am-2pm bhhscolorado.com 1970.249.4663 Real estate services in Montrose and beyond! market (eg. some areas of the market are maintaining or going up while others we seeing pricing pressure, we have expectations that the market will remain active, and sellers and buyers will adjust their expectations. I am here to help answer questions, provide guidance and be a resource even you are not looking to make a move today Saturday, 11/19 11am-2pm The other reasons for optimism are that we anticipate an amazing winter season Soon, towns throughout the area will be up with holiday colors activities for young and old will be enjoyed and the new year will soon be upon us-bringing a sense of renewal and enthusiasm MONTROSE $625,000 805 Wildcat Canyon Road 3 Bedroom 12 Both 11,635 sq ft Linda Stell 970.417.8082 MONTROSE $189,000 TBD Buckhom Road (Tract2) 5.617 Acres Don Bailey 970.209.8257 MONTROSE $395.000 1364 Wenche Avenue 3 Bedroom 2 Bath1423 sqft Trena Unrein 970.209.9947 BHHSColorado.com Call one of our trusted real estate brokers: Trena Unrein, Brian Unrein Autumn Barrett, Don Bailey, Jeff Keehfuss, Kree Christie, Linda Stell, Makaya Cervone, Michael Scott Dosch, and Donna Justin. BERKSHIRE HATHAWAY Home Services Colorado Properties REASON FOR OPTIMISM IN UNCERTAIN TIMES Many headlines have generated uncertainty around the local and national housing market Lower inventory inflation and interest rates have created pause in the market And while our very active market did need to rebalance opportunities awat those who are ready to make a move to buy or se Depending on who you listen to the US economy is or will be in a recession soon Thankfully , we have history to look back on to help project DASSEED PROMESA HOUSE HOUSE where we are headed Housing is traditionally one of the first sectors to slow as the economy shifts , but it is as one of the first to rebound according to All Wolf , Chief Economist at Zonda Additionally , Freddie Mac notes that interest rates also decline during a recession : Over the last six recessions dating back to 1980 , interest rates have declined 18 percentage points from the peak seen during the recession to the trough Both points bode well for what is developing to be a more balanced market So , reasons for optimism exist and as we work our way through a hyper - local GAPL Price Reduced Saturday , 11/12 11 am-2pm bhhscolorado.com 1970.249.4663 Real estate services in Montrose and beyond ! market ( eg . some areas of the market are maintaining or going up while others we seeing pricing pressure , we have expectations that the market will remain active , and sellers and buyers will adjust their expectations . I am here to help answer questions , provide guidance and be a resource even you are not looking to make a move today Saturday , 11/19 11 am-2pm The other reasons for optimism are that we anticipate an amazing winter season Soon , towns throughout the area will be up with holiday colors activities for young and old will be enjoyed and the new year will soon be upon us - bringing a sense of renewal and enthusiasm MONTROSE $ 625,000 805 Wildcat Canyon Road 3 Bedroom 12 Both 11,635 sq ft Linda Stell 970.417.8082 MONTROSE $ 189,000 TBD Buckhom Road ( Tract2 ) 5.617 Acres Don Bailey 970.209.8257 MONTROSE $ 395.000 1364 Wenche Avenue 3 Bedroom 2 Bath1423 sqft Trena Unrein 970.209.9947 BHHSColorado.com Call one of our trusted real estate brokers : Trena Unrein , Brian Unrein Autumn Barrett , Don Bailey , Jeff Keehfuss , Kree Christie , Linda Stell , Makaya Cervone , Michael Scott Dosch , and Donna Justin .