Grand Junction is a city in Mesa County, Colorado. The name "Grand" refers to the historical name of the upper Colorado River used by locals in the late 19th and early 20th century. Grand Junction, takes you beyond the ski resorts of the Rocky Mountains into the mystery and majesty of the Grand Valley. Colorado hiking is plentiful and diverse in and around Grand Junction, Colorado. Fifty miles of hiking trails on the Colorado National Monument offer a wide range of options for all ability levels.
The Grand Junction real estate market is growing rapidly. New homes are being built in Grand Junction at a staggering
pace. Much of this Grand Junction real estate is built with foreign buyers in mind.
Currency exchange rates have made buying real estate in Grand Junction and the US
in general much more favorable in the last few years.
Over the last several month real estate prices in Grand Junction has begun to soften
a bit. The softening market has prompted some sellers to increase incentives
to sales agents and buyers, ranging from increasing sales commissions to
reducing pricing. Many believe this presents an opportunity to scoop up
hot Grand Junction homes at reduced prices.
The reasons for the cooling market include mortgage rates than are beginning to move higher, a temporary oversupply of homes, and the property tax consequences of moving to a new home. Many experts and market watchers say the fundamentals underlying Grand Junction's real estate market remain sound
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