A Tale of Marches: Updated
As we roll into April, let’s take a look back at March. As you can see on the chart, the number of sales is down from last year, which is consistent with the trend of the last several months. We are hovering
Category: Agency Updates
PPAR Region State of the Market
We are closing for the month of March 2023 at an average of 501K with 46.86 days on the market. Homes are closing on the average at 3.1% below original list price. Sales are down 29.2% from this time last year and
A Decade of DOM
This morning’s graph is a representation of the average Days on Market (DOM) for closed homes by month over the last decade. As you can see below, we are back over over the last several months or so to around 2015 territory.
FROM THE INBOX: WHAT SHOULD I LOOK FOR IN A HOME INSPECTION?
As a potential homebuyer, it’s essential to know what to look for during a home inspection to avoid costly surprises down the road. Here are the some things to look for during an inspection: Roof – Check for any signs of damage
Has housing in Colorado Springs beat the historical 3% return?
Three percent is often cited as the historical annual appreciation of housing. Let’s take a look at the last seventeen years and how the Springs as a region measures against that percentage. What you see in the line chart below is that
From the inbox: what is earnest money?
Earnest money is a sum of money that you may be required to pay when you make an offer to buy a house or other property. It is usually a small percentage of the total purchase price, typically around 1% of the
What should I think about when selling a home?
Here are just a couple of things to think about when considering selling a home! Considering selling in Colorado Springs? Please give us a call at 719-447-4663!
State of the Market: 2Q21
Curious about the state of the market in Colorado Springs? Check out our custom analytics report!
Are you looking for a home inspector?
Perhaps one of the most important decision in the home purchase process is that of a home inspector. The Agency maintains a list of inspectors as a basis for beginning your research into selecting a home inspector. As with all decisions, please
Bankrate: Mortgage rates stand still ahead of presidential election
This is an interesting breakdown on why mortgage rates are relatively flat this week. The Federal Reserve is on hold and investors in all markets “are sitting back and waiting for the election,” (Brett Sinnott) says. Read more: http://www.bankrate.com/finance/mortgages/mortgage-analysis-102616.aspx#ixzz4OzBATj8L Follow