Monday, April 22, 2013

What's happening in the Colorado Springs real estate market, spring 2013

The state of the real estate market in Spring 2013 in Colorado Springs:


The real estate market has certainly heated up!  Spring is historically a busy time of year in the real estate business, and 2013 is proving to be no exception.  The uniqueness of this spring, however, has more to do with the laws of supply and demand.  With interest rates remaining low, many buyers are looking for good value in a home to purchase.  However, so are the many multitudes of buyers out there, creating many a bidding war. Additionally, prices are increasing. If you are a buyer, it is still a fantastic time to buy, but in most price ranges we've hit bottom and are climbing up the other side.
If you are a seller, because of the low inventory of homes to purchase, this is a great time to put your house on the market!  For additional statistical information check out our "Stat Pack", halfway down the page on on: http://www.motherdaughterrealestate.com/Pages/MarketConditions.aspx.  Or give us a call, email or text.  We'd be happy to discuss it with you!
Tammy Cockrell & Gayle Caldwell
Broker Associates
ERA Shields Real Estate
719.576.3600


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