Market Report for University Park May – July 2008 Absorption Rate: 2.33% Home Inventory: 6 months List Price vs. Sale Price Ratio: 96.4% Average List Price in University Park: $362,814 Search the Pikes Peak MLS To find out more about Colorado Springs Realty and the Colorado Springs Area contact me or visit my website.
When buying a home it is important to consider what the list price vs. sales price ratio is. Why is this statistic important? This ratio gives you an indicator of the percentage of the original list price people are paying for the homes in a given area. Let’s look at a scenario, if you have […]
Absorption rates are very handy in determining how a certain market is doing and giving an idea how long an average house will take to sell. Absorption rates are determined by a simple formula of the number of homes for sale on the market divided by the number of homes sold in a month, week etc. […]
Market Report for Greenbriar Park May – July 2008 Absorption Rate: 8.25 Months List Price vs. Sale Price Ratio: 96.1% Average List Price in Greenbriar Park: $235,536 Providing real estate information and services for Colorado Springs home buyers and sellers.
Many sellers, especially women who are eager to sell their home often become emotional once their home goes under contract. Allowing our emotions to take over during the selling process can cause serious problems during the transaction and even cause a home not to be sold as a result. Generally, men are less emotionally attached […]
The Housing Stimulus Bill (The Housing and Economic Recovery Act of 2008) recently signed by President Bush, is expected to alleviate some of the turmoil surrounding the foreclosures bombarding the current real estate market in many areas around the nation. The Housing Stimulus Bill entails many provisions and I will include only a few of […]
QUARTERLY MARKET REPORT FOR VISTA MESA – COLORADO SPRINGSMAY 2008- July 2008 Absorption Rate: 2.6 Months List Price vs. Sale Price Ratio: 96.9% Average List Price in Wagon Trails: $312,266 Search the Pikes Peak MLS To find out more about Colorado Springs Realty and the Colorado Springs Area contact me or visit my website.
The Old North End is known for it’s tree lined streets and Victorian Homes in the central area of Colorado Springs. Many home buyers who like the West side of Colorado Springs and enjoy being a little closer to the mountains, can find Victorian homes in Old Colorado City as well. In fact, “Victorian” refers to an era […]