Colorado Springs Real Estate Blog

Lengthy market times, few showings and low ball offers seem to be a part of our new reality in the Colorado Springs Real Estate Market, at least for some homes. The early spring market seems to be breaking into three categories. First and fast is the sub $200,000 market. These homes, if well […]

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Here is a SWOT analysis of the Colorado Springs Real Estate market as of the end of quarter 1 2008.

Strengths
Weaknesses

Relocation Season is Late due to delays in military relocations to the area (specifically seasonal Air Force Orders). Relo buyers seem to value strong condition & price creating opportunity for sellers
Buyers relocating into the market […]

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The Belltower Condominiums have broken ground and framing has begun. The Belltower Condominiums are a welcome addition to the Southeast Colorado Springs Real Estate market. This project will feature seven different floor plans starting in the $120’s. Square Footages range from 843 to 1,272 square feet, smaller units feature 1 bedroom and 1 bathroom. Larger […]

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Here’s a little insight from our good friend Ben Day: This comes from the ERA Shields Stat Pack. Ben and his team do some great work on this every month….Thanks, Ben
HERE IS WHAT IS GOOD TO KNOW, GOOD NEWS, BAD NEWS:
GOOD NEWS: Listing Volume was off 18.9%. That’s really good news. The trend of […]

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Absorption Rate is defined as: An estimate of the rate at which a particular classification of space - such as new office space, new housing, new condominium units and the like - will be sold or occupied during a specific time frame.
This is an important number for Buyers because it gives you a general ideal […]

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