At the present time, interest rates are at a 14-month low, prices are only 3.1% higher (on average) than they were 12 months ago and there are 700+ more under contract properties than actively-listed properties in El Paso and Teller Counties.
Last month, we began with this statement: “the last three weeks have seen the slowed-market reverse course, and for the time being at least, go straight back to market conditions last seen in First Quarter 2018.” Expanding that sentiment as the Spring comes bombing in: Buyers are Buying again. Since the third week of January, […]
The reports of the Colorado Real Estate Market’s Demise appear – at the moment – to be premature. Make no mistake, late July 2018 through December 2018 saw a significant slow down in sales activity across the Front Range. Sales activity at year’s end more closely resembled 2015 than it did the all-out blitz of […]
The last three weeks have seen the slowed-market reverse course, and for the time being at least, go straight back to market conditions last seen in First Quarter 2018. To show how quickly the market is moving, this report was first drafted Tuesday and Thursday last week. On January 1, there were approximately 200 more […]
The poet David Whyte says about the word Genius, “Genius is the meeting between inheritance and horizon, between what has been told, what can be told and what is yet to be told, between our practical abilities and our relationship to the gravitational mystery that pulls us on.” Stemming from the Latin word that describes […]
The Tri-Lakes Region of Northern El Paso County is characterized by large lots and a high prairie ponderosa forest. The town of Monument is very much becoming it’s own city with significant growth on the west side in Forest Lakes and the wildly popular new neighborhood of Sanctuary Pointe near Fox Run Regional Park. One […]
The long-established region of high-quality real estate, Southwest Colorado Springs is in the midst of it’s economic interface with southern Downtown Colorado Springs. In 2018 the South Nevada Urban Renewal went into overdrive with the first delivery of restaurants, stores and the Canyon Creek Townhomes. The area’s popularity is further confirmed by the quality of […]
Set directly across from the United States Air Force Academy and with the entire region within 10 minutes drive of I-25, the 80921 zip code has consistently been a hub of growth. New Construction is common with the sprawling golf resort community of Flying Horse anchoring the area. To the north of Flying Horse is […]
The home stomping grounds and land of quiet, city-owned open spaces, the northwest city pulled inward a bit in 2018 forecasting what will likely be seen in other parts of the local market in 2019. Owners of property in 80919 “gotta good thing going on” and in the absence of finding a readily affordable replacement, […]
Buyers’ demand for character, bike-ability and community continues to build with each successive year. The heritage of Victorian, Post-Victorian, Arts and Crafts, Prairie Bungalow and Post-War Mid-Century architecture found in 80903 and 80907 in Downtown Colorado Springs began it’s renaissance in 2008, and a decade on, is showing no signs of slowing. Now consistently one […]