The sizes of inventories of Colorado Springs real estate listings in El Paso County depend on the price range of the Colorado Springs homes for sale. Prices vary according to the law of supply and demand and loan availability.In many neighborhoods, prices for Colorado Springs homes have increased with competition for location. In the meantime, many new appraisals show home price declines. Levels of inventory of Colorado Springs real estate MLS are up 2.6 percent overall. Inventory levels are down for … [Read more...]
Archives for July 2011
Jumbo Loans Good for Colorado Springs Real Estate Luxury Market
Some expensive Colorado Springs real estate has languished on the luxury market for a few years, ever since lenders began tightening the screws during the housing downturn. So too the luxury category of Colorado Springs real estate listings have seen substantial price decreases over the past few years. And the deals are sweet. In you are searching for a luxury Colorado Springs home for sale at a nice savings, move quickly. Over 675 Colorado Springs homes are priced at or over a half million … [Read more...]
Colorado Springs Homes Sales Disappoint Real Estate Companies
A report on Colorado Springs homes sales for June 2011 did not impress many Colorado Springs real estate agents. According to the Pikes Peak Association of Realtors, only 800 existing Colorado Springs homes and 72 new Colorado Springs real estate listings sold last month. The report did not include Colorado Springs homes for sale by owner, only sales involving Pikes Peak Association of Realtors. Most of these sales of Colorado Springs real estate were in El Paso County and Teller County. The Colorado … [Read more...]
It’s Home-Buying Season in Colorado Springs Year Round
Homebuyers are busily searching Colorado Springs real estate listings as they hurry to acquire the keys to Colorado Springs homes for sale before the new school year. To ride the crest of the summer home-buying season, Colorado Springs real estate agents breathlessly show properties all spring and summer. Over 1,400 new listings entered the market in the springtime but the number of buyers is not as robust as most Colorado Springs Realtors® would like. On July 8, 2011, Amanda Miller quoted Joe Clement, … [Read more...]
Why Buy New Colorado Springs Homes for Sale
There’s merit in buying a new Colorado Springs home for sale versus an existing home. In the era of deep discounts, foreclosures, and falling prices for Colorado Springs real estate, some homebuyers are smart to buy brand new homes. Follow the money. Colorado Springs homebuilders have adjusted to the new Colorado Springs real estate market since the housing downturn began. The same is true for Colorado Springs real estate companies. They are accommodating the homebuyer. Builders have reduced … [Read more...]