People have been saying it for years – the market is going to slow down. We just haven’t seen their predictions come true in many cases. The point of the matter is that there are many factors that can impact market conditions, so you can’t rely on any single person or companies opinion on what they think might happen this year in 2018. Yes, it’s true that the market has slowed down some, but that doesn’t mean that things are cooling off completely. Colorado Springs is an extremely diverse real estate market that has recently experienced a lot of changes, so if you are interested in getting involved in buying or selling houses this year in 2018 – 2019 then now is definitely a good time to jump in. We have seen some very significant market appreciation over the past couple of years and these trends will likely continue, so get ready for some interesting developments in the next few months.
Local market data has shocked buyers and sellers as housing prices soar to try to meet the heavy inventory demands of consumers who are desperately searching for suitable housing in El Paso County, Colorado. The local population has continued to skyrocket as more outsiders head this direction in search of new employment opportunities so they can provide for their families in the most efficient way possible. Teams of real estate agents are busy listing homes in the $250,000 – $300,000 price range while banks are doing their best to underwrite loans for hungry military buyers. Stay tuned to our blog to find out more information about this highly competitive local real estate market and what you can expect when buying or selling homes in this part of the country. If you are a real estate investor then please reach out to us to jump on our cash buyer’s list so we can update you about the latest investment properties in our inventory.