Real Estate Numbers are heading up-this can be both positive and negative depending on the category we are discussing!
Sales prices in Colorado Springs are moving up. In April the average selling price was 5% higher than a year ago - GOOD NEWS! Sale shave increased every month this year with respect to both units sold and percentage increase in demand. In April sales were up 12% over las year at this time - MORE GOOD NEWS! Other numbers are also increasing - foreclosure filings are up and the inventory of homes for sale is also up. For the first time in two years, there are more homes for sale now than there were at this same time one year ago.
Interest rates remain incredibly low (below 5%), and with very competitive pricing and a great inventory of available homes for sale, this market opportunity is unprecedented. If you've been sitting on the fence, it might be time to jump into the market - we think you'll be surprised at what your dollar can buy!
To see the breakdown of homes sold and listed in particular areas in Colorado Springs, go to our website at www.TyraAndColleen.com. Click on about us, and click up Market updates.
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