Colorado Springs Real Estate Blog

THE RULES:
There are many rules in a fluid real estate market, but here are a few that we believe hold true IN ANY MARKET (one favoring buyers; one favoring sellers; it does not matter):
•LOCATION, LOCATION, LOCATION
•MONEY IS MADE ON THE BUY
•SELLERS SET ASKING PRICES; BUYERS DETERMINE VALUE
•BUYERS BUY VALUE
•CONTINGENCIES CLOUD NEGOTIATIONS (THE MORE “IFS” THE […]

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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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