Bill's Real Estate Blog - News to Use!

Lots of good news today regarding the Colorado Springs real estate market and general area economy.  First of all, consumer spending rose .5% in March, and home mortgage interest rates dipped a bit this week. 

The best news is that Colorado Springs made the list of the top 10 cities poised for an early housing turnaround.  This is according to Realtor.com, the web site associated with the National Association of Realtors®. The analysis included the number of solds, the number of homes for sale, the trend on prices, and the time on market in 146 areas of the country. The study included single family homes as well as townhomes and condominiums.  The March median list price in Colorado Springs was $224,900, up 1.53 percent from February.

Other areas on the list included Dallas, Austin/San Marcos, and Washington, D.C.  As always, if you have any specific questions about the Colorado Springs real estate market, or specifically your neighborhood, give me a call!

Bill