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Real Estate Listing Agent in Montrose, CA, Advises Clients That Waiting for Lower Mortgage Rates Could Cost Thousands More in Rising Home Prices

Montrose, CA -- As some prospective homebuyers across California still wait for mortgage rates to decline before entering the market, they may be overlooking a crucial factor: rising home prices could ultimately cost them far more than current interest rates. Market data shows that home values continue to appreciate, and delaying a purchase to wait for better rates could result in buyers paying tens of thousands more for the same property just months later. Vic Markarian, a seasoned  real estate agent in Montrose, CA , emphasizes the importance of looking at the complete financial picture. "Many buyers focus solely on interest rates, but they're missing the bigger story," says Vic Markarian. "When you factor in home appreciation, waiting for rates to drop by half a percent while prices climb five to ten percent doesn't make financial sense. You can refinance a rate, but you can't refinance the purchase price." Markarian speaks from experience. “When I pu...

Things to do in Montrose, CA - Part 25

Montrose Farmers Market

Top Realtor in Montrose, CA, Sees Median Price Jump Despite Increased Inventory

Montrose, CA  -- Competitive bidding dynamics have returned to Montrose's luxury market, driving median sale prices from $1.198 million in June to an impressive $1.45 million in July, even as available inventory increased from 17 to 26 active listings. The resurgence of multiple-offer situations and accelerated closing timelines demonstrates buyer confidence in the area's long-term value proposition. Professional staging and strategic marketing have become critical differentiators in capturing buyer attention quickly. Vic Markarian, experienced  real estate agent in Montrose, CA , emphasizes that successful sellers are those who invest in presenting their properties optimally from day one. The Vic Markarian Realty Group's approach combines Vic's engineering precision with comprehensive team support, ensuring properties stand out in competitive conditions. Their track record of getting homes sold fast reflects years of refining presentation strategies that appeal to toda...

Things to do in Montrose, CA - Part 24

Little Rascals Clubhouse

Real Estate Agent in Montrose, CA, Shares Insights on Price Correction as Sales Volume Surges 64% Year-Over-Year

Montrose, CA  -- The Montrose real estate market has entered a neutralization phase, with Zillow data showing average home values experiencing minimal decline at just 0.9% annually, while the Zillow Home Value Index stabilizes around $1.305 million. Despite this price moderation, sales volume has surged an impressive 64% year-over-year, indicating sustained transaction activity even as the market escapes the extremes of previous boom cycles. Market expertise becomes essential during transitional periods, which is where Vic Markarian,  Realtor agent in Montrose, CA , and the Vic Markarian Realty Group excel. The team's success stems from Vic's analytical background as an Electrical Engineer, combined with the same determination that led to their recognition as one of California's most distinguished real estate teams. Understanding buyer psychology during market shifts requires specialized knowledge that Vic Markarian,  real estate agent in Montrose, CA , brings to every tr...

Things to do in Montrose, CA - Part 23

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