Market Update: Quarterly Stats
Posted by Leah Bishop on
Recent Quarterly Stats Point Toward Continued Strong Appreciation
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In the midst of constant speculation about the future of the real estate market, we like to let the stats speak for themselves. The quarterly data for Grand County shows increased value in single family homes, townhomes, condos, and vacant land across the board in the first quarter of 2022. The capacity for remote work as a result of the pandemic coupled with the record-low mortgage rates of the past year and half have resulted in a low-inventory, high-demand market, a market that is recording consistently strong appreciation despite growing mortgage interest rates and geopolitical uncertainty.
Looking for a new home or investment property in Grand County? Do you own a property…
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