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Home values strengthen; good time to buy

Just as the housing market is showing signs of stabilization, weaker consumer confidence and the possibility of higher mortgage rates could result in a bit of turbulence in the sector. Prices in most major U.S. cities rose in September, though more slowly than in prior months, according to the Standard and Poor’s/Case-Shiller home-price index. “The… Continue Reading Home values strengthen; good time to buy

More good real estate news for area

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The second quarter 2013 report of the top 160 metropolitan areas from the National Association of Realtors indicates that median home prices continued to rise in the majority of cities, with the national year-over-year price showing the strongest gain in 71/2 years. Even better news is that “despite rising prices and higher mortgage interest rates,… Continue Reading More good real estate news for area

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Good news keeps coming for real estate

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For years, through good and not-so-good times, I’ve provided an eNewsletter twice a month for a mailing list of clients, friends and others. Business Journal readers should recall one of those letters appearing here a few months back, describing how well the local market had performed in February. The next eNewsletter wasn’t scheduled until next… Continue Reading Good news keeps coming for real estate

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Fabulous February for real estate market

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Wow. Despite the weather, February was another great month for the Colorado Springs housing market. There are positive numbers all across the board. Local residential real estate prices have now increased for 12 straight months on a year-over-year basis, indicating a greatly increased consumer confidence in home buying. To illustrate that, here are some highlights… Continue Reading Fabulous February for real estate market

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