Welcome to the depth of information you can only find from LIV Sotheby’s International Realty. In this all new format, we have compiled local, relevant information in a combination format pertinent to our local market and it’s complimentary place in the Front Range. For All-Colorado Information, please visit the LIV Sotheby’s International Realty website for […]
When thoughtful consumers ask the question, “is a bubble happening?” one of the biggest reasons to say “no” is because the rate of building is still 30%+ less than it was at peak in 2005; and 100,000 more citizens live in El Paso County now, than in 2005.
Purchasing affordability has dipped, but consumer demand intensified. Statistically-speaking, right now the market is as strong for sellers $600,000 to $750,000 as it is in the $400,000’s.
The 2017 Sales Year has concluded and we’ve digested the numbers, asked the questions, and forecasted the future. Last year, we were pretty darn close in our predictions except for our fixation on interest rates. For the first time in the ten years that we’ve put out an Annual Report, we made the stupid call […]
Colorado Springs Real Estate has a reputation as an affordable outpost amidst expensive Front Range options. For most of the last decade, less than 5% of all sales in the Pikes Peak MLS were in excess of $500,000. In 2017, that percentage increased to over 8%. This shift accounted for some of the 9.9% appreciation in average price.Before the […]
Simply put, it can not get any better. The record real estate year that was 2017 is burned into memory. That market has created an unreal reality, but like a volcanic eruption or wildfire in June, it also has created it’s own weather. The 2017 Sales Year eclipsed records for single-family unit sales, condo/town house […]
Since 2013, a single piece of data has shown itself in record territory each year when we do this review. We may be the only ones in town to track this piece of data, and unlike other metrics, this piece of data is less something specific or tangible, and more a description of the subjective […]
Frank Sinatra in the background singing “It was a Very Good Year.” Yes, the local real estate market in the Pikes Peak Region saw one month after another of smashed records. The largest number of single-family units closed in a single year. The highest prices ever seen. The highest rate of appreciation in more than […]
For the last several years (2012 onward) real estate has returned to health in the Pikes Peak Region. Steady appreciation has become both the norm and the consumer expectation all along the Front Range. Denver, Boulder, Ft. Collins, Douglas County and Summit County have seen several years with double-digit appreciation since 2013. Correspondingly, the Denver Metro area has […]
For every positive in the recently signed Tax Cuts and Jobs Act there are perhaps multiple negatives. And for all the negatives, there are potentially much larger positives. Without discussing the somewhat enormous policy issues of “will this really stimulate the economy?” or “is this a good idea with the deficit long-term?” we would rather […]