Colorado Springs Real Estate – Best increase since 2013!
The good news keeps on coming! Homes in Colorado Springs are flying off the shelves at a record pace. Despite the freezing temperatures January has delivered a surprising thaw in the local market.
With low interest rates and a lower inventory of available homes, buyers are scrambling to find the home that fits their needs and price point. Available inventory of homes is at its lowest point in 20 years.
Home prices in the area are almost unchanged, reports the Colorado Springs Gazette. Buyers are being influenced by the fact that the Fed has indicated they will be raising rates later this year. This might be spurring buyers to take the plunge now.
The spring and summer are hot for Real Estate Sales. This coupled with low inventory and more buyers could increase demand. Usually these two factors add up to a rise in prices. All the more reason for buyers to enter the market.
As a local Colorado Springs Real estate investor I can attest to the increase. In the last month, 2 of our houses have been bombarded with showings and interest. Both are under contract and will sell soon. I anticipate that 2016 is going to be a banner year for Real estate sales in the Colorado Springs market.
However, I am still buying houses in distressed situations. Even though the economy is doing better, life circumstances are forcing people to default on their houses. Is this YOUR situation? If so you might want to consider contacting a local Colorado Springs Real estate investor. I can help you avoid foreclosure and remove the financial pressure. We are able to act quickly to help solve most Real estate emergencies. In some case’s we can refer you to another professional to assist you.
Bonniebuyshousesfast.com is our company. Let us show how to sell your house in Colorado Springs. Contact us today! We have been helping 100’s of people since 2003.