About Montrose County, CO

Here are some news articles presented by Unifirst Mortgage, and passed along to you from The Zappa Team, Montrose Colorado's Real Estate Experts.

Relocating to Montrose Colorado, call The Zappa Team, Montrose Colorado's Relocation Experts.

RE/Max Alpine View

970-901-0434

Top News Regulators close small Chicago bank, making 13 bank failures so far this year Washington Post - The Federal Deposit Insurance Corp. on Friday closed New City Bank, which had $71.2 million in assets and $72.4 million in deposits as of Dec. 31. The FDIC did not find another lender to take over the bank’s operations, so it will mail out checks to depositors in the amount of their insured funds.

Market News Real Estate Weekly: Best places to invest in rental properties MarketWatch - With home prices falling now but certain to rise in the future, and the cost of renting a home going up, investors are seeing opportunities in many markets throughout... Fannie, Freddie executive pay limited, bonuses cut USA Today - The pay cap will apply to 70 executives at the companies, although not all of them will earn the top salary. The pay and bonus structure of the government-controlled... BofA to slash mortgage balances CNN Money - Bank of America will significantly slash mortgage balances for as many as 200,000 borrowers. Part of reached between the five major mortgage servicers, the federal government and the attorneys general of 49 states and District of...

Technology News AT&T bringing 4G LTE to a dozen new markets CNET News - New Orleans, St. Louis, and Cleveland are just a few of the cities on AT&T's upcoming LTE deployment list. The company revealed today that it will bring 4G access to a dozen markets in April and May and on into the early summer. Locations... Dropbox gets a redesign CNN - Dropbox has launched a major redesign, simplifying many file management tasks and bringing a new video and photo viewer. The first thing you'll notice in the new Dropbox UI is...

Other News KB to make NationStar preferred mortgage lender MarketWatch - KB Home reached an agreement with NationStar Mortgage Holdings Inc. making NationStar its preferred mortgage lender. New Rent Report Suggests Possible Bubble CNBC - When home prices go up, more turn to renting, but today’s housing market is anything but typical. Rents were up 3 percent nationally in January, year-over-year, according to a soon-to-be released new rental index from Zillow...

--ank Owned And Move In Ready In Montrose, CO. Too Cute. This one is too cute to miss. Nice one story house behind the fairgrounds and across the street from a city park. No new flooring or painting needed. Laminate flooring in the kitchen. Carpet throughout the rest of the house except in the bathrooms. The master bedroom has it's own full bath.

3 bedroom 2 full bath and almost 1200 square feet. The lot size is .17 of an acre and the house was built in 1977. Open kitchen, dining and living room format. No garage. Priced at 89,900.

For all your Western Colorado Real Estate Needs

Debbie Laity, GRI, SFR, REO Specialist, CNE, AHWD, BPOR

Broker Associate, Cedaredge, Land Company 970-589-2886

www.debbiesellscolorado.com

Here is the last 7 Days market report for the Montrose area, from March 4th to March 11th 2012

The market continues to be fairly active for the first week in March, now that the clocks have gone forward the feeling of Spring should be in the air. Traditionally this is the start of the selling season.

Here is the list of SOLD Properties this past week.

901 6530 Rd $20,500 A manufactured home on a rented lot 1216 sq ft Cimarron Creek

901 6530 Rd #1307 $58,900 Manufactured hm 1272 sq ft also in Cimarron Creek

1306 Bighorn $80,000 A foreclosed townhome 1065 sq ft 2 bd 2ba

820 S 10th $88,000 A foreclosed hm 1682 sq ft 3bd 2 ba

1761 Kellie Dr $113,00 Nice manufactured hm 1742 sq ft 3 bd 2 ba

12059 6300 Rd $125,000 A foreclosed commercial condo by DMEA

2524 Glen View $145,000 Nice 1442 sq ft home in the Glens 3 bd 2 ba

2701 Slepping Bear $357,500 A foreclosed hm in the Bridges 2795 sq ft 4 bd 3 1/2 ba like new

Here are the properties that went UNDER CONTRACT this week, the prices are the list prices and do not reflect what the property maybe under contratc for

1029 S Park $60,000 Short Sale 1528 sq ft older hm good condition

102 Brown Rd $82,900 A foreclsoed hm 1316 sq ft needs work

916 Troy Ct $90,000 A foreclosed hm 1388 sq ft 4 bd 2 ba good condition

1309 Anthracite $119,900 A foreclosed hm 1060 sq ft 3 bd 2 ba

1808 Drafthorse $128,000 A foreclosed 1635 sq ft 4 bd 2 1/2 ba

1228 Animas $135,500 A foreclosed hm 1458 sq ft 3 bd 2 ba

1918 David ln $137,000 A foreclosed hm 1612 sq ft 3 bd 2 ba

2235 Phillips Ct#D $147,000 1707 sq ft townhome backs up to the golf course

1215 Normandy $159,900 2296 sq ft 2 story hm cul de sac

3217 Silver Fox $214,900 nice 2 story 2272 sq ft hm 5 bd 2 1/2 ba

3617 Chestnut $275,000 Very nice 2661 sq ft hm in the Brown Ranch

tbd Spg Ck $289,000 1.3 acres commercial corner of Sp Ck & Marine

24144 Horsefly $292,500 Nice hm 2281 sq ft on 3 acres built in 2012

67621 Uchiro Ct $525,000 2752 sq ft hm on 15 acres south of town, views, nice place

Here is the Real Estate Activity report for week 8 of 2012 for the Montrose Area.

So how is the market doing compared to a year ago? Well for the same week last year there were 12 sold properties and 17 properties taht went under contract. This week there were 11 sold and 14 went under contract. For the month of February, a year ago 19 homes sold for the month, February just ended 32 homes sold, yet again another good month foir home sales in the Montrose area.

There are currently 401 homes actively for sale in the Realtors MLS system, which is a low number even for this time of the year. Of those 401 homes 35 of them are bank owned.

Week 8 SOLD

tbd Peyton Pl $10,000 A residential building lot in the City

3600 Chestnut $33,500 A residential building lot in the Brown Ranch

107 Vista View $39,000 A foreclosed hm 1872 sq ft included basement, sold at auction

1025 S 11TH $87,000 A foreclosed hm 2201 sq ft 3 1ba

2113 Leah $95,648 A foreclosed hm 1487 sq ft 3 bd 2 ba

6 Columbia $118,500 1434 sq ft home in good condition

2349 Mead $165,000 A foreclosed hm 1629 sq ft 3 car good condition

1300 Main St $165,000 Commercial building corner of Main and San Juan, will be bulldozed

to make way for a New Taco Johns restaurant.

1004 Laurel Ln $240,000 Very nice Brick hm 1946 sq ft large lot

1100 Fruit Park $265,000 2538 sq ft hm 4.6 acres big detached shop

15318 6100 Rd $295,000 A foreclosed older hm 3459 sq ft on 10 acres.

UNDER CONTRACT.. The prices on this list are the asking prices and do not reflect the price that the property maybe under contract for.

tbd Lone Eagle $35,000 Building lot in the County 2.7 acres

16244 Chipeta $64,900 A foreclosed hm 1116 sq ft 2 bd 1ba

1964 Natalia Way $74,900 A foreclosed hm 1608 sq ft needs work

2121 Cambridge $92,000 A foreclosed hm 1852 sq ft includes bsm

63873 Nancy Way $99,900 A foreclosed manufactured hm 1272 sq ft plus 2 car

2038 Winston $100,000 Townhome 1263 sq ft 2 bd 2 ba

214 Crossroads $115,000 Townhome 1245 sq ft 2 bd 2 ba

102 Roundhouse $149,900 A foreclosed hm 1886 sq ft 4 bd 2.5 ba

1705 Dover $168,000 Bi Level hm 1812 sq ft in good condition

2817 Lost Creek $189,900 1495 sq ft home in good condition in the Preserve

16880 Riverview $229,900 2005 sq ft home 3 bd 2.5 ba

64234 Ranger Rd $259,900 A 3085 sq ft hm on 11 acres of hillside

23414 Uncompahgre $264,900 A foreclosed hm 2600 sq ft on 3 acres.

12570 6450 Rd $300,000 A foreclosed hm 2548 sq ft on 20 acres

Here is your Week 7 Real Estate Activity report for the Montrose area. This is a list of properties that have sold and those that have gone under contract in the last week. The market remains busy for the time of year that it is.

This information comes from the Montrose Area Realtors information network. If you have any questions please contact me . Alan Brown 970-209-8436 AlanBrownRealtor@gmail.com

SOLD

2752 Virginia Ln $11,900 A residential building lot in the City

14598 63.55 Rd $28,000 A foreclosed single wide 832 sq ft

2470 Helen Ln $63,000 A foreclosed hm 1302 sq ft 3 1.5 baths, older but in decent condition

tbd Merchant Dr $82,000 Commercial lot next to the Ford Dealership 1 acre

1395 Corral Dr $135,000 Immaculate Manufactured hm 2074 sq ft 3 bd 2 ba

2750 Country Club $136,900 A foreclosed hm 1751 sq ft 3 bd 2ba

1981 Jupiter $137,000 Short Sale 1541 sq ft 4 bd 2 ba

2135 Bradford $172,000 Remodelled Bi Level 2224 sq ft 4 bd 3 ba

11 S San Juan $296,500 .69 acre commercial lot on Main St Future Home of "Taco Johns"

1716 Capital Ct $300,000 A foreclosed hm 2850 sq ft great condition

60870 Kansas $630,000 4802 sq ft hm on 10 acres plus a guest house.

UNDER CONTRACT The prices you see here are the list prices and do not reflect the price at which the house may be under contract for.

tbd Peyton/Virgina $39,000 3 residential building lots

tbd Lone Eagle $32,500 Residential building lot 1.7acres on Spring Creek

tbd 6355 Rd $35,000 Mobile hm lot

18 N 9th $37,050 A foreclosed older hm 1459 sq ft needs work

521 N 4th $56,900 A foreclosed older hm 1087 sq ft 2 bd 1 ba

17800 6780 Rd $64,900 A foreclosed manufactured hm on 1.4 acre lot 1372 sq ft

66300 Riverside $75,000 A foreclosed 3 acre building lot

1445 Pitchfork $79,900 A foreclosed manufactured hm 1709 sq ft 2 car garage

107 Vista View $84,900 A foreclosed hm 1872 sq ft includes basement needs work

2130 Hartford Way #B $108,000 1265 sq ft townhome 1 car garage

1204 Animas $115,000 A foreclosed 1215 sq ft hm 3 bd 2 ba

2210 Devon $140,000 A foreclosed bi level 1920 sq ft good condition

1548 Branding Iron $145,900 1485 sq ft hm 3 bd 2 ba good condition

63409 Juniper $147,900 A foreclosed hm 1820 sq ft 4 bd 2 ba good condition

300 Colonial $160,000 2377 sq ft hm 3 bd 2.5 ba

21835 Govt Spgs $242,500 A foreclosed hm 1868 sq ft on 3.5 acres needs some work

62498 Jig Rd $315,000 3323 sq ft walk out basement views of the mtns nice home