HARRY'S SPECIAL EDITION 2.26.16
February 26, 2016
HARRY’S SPECIAL EDITION
A Current Look at the Colorado Springs Residential real estate Market
As part of my Personal Service, it is my desire to share current real estate issues that will help to make you a more successful and profitable buyer or seller.
THIS IS NEWS THAT JUST COULDN’T WAIT….
So I got this article yesterday and just couldn’t wait to share it with you. Not only that…I couldn’t actually believe it when I read it. I’m going to quote the article verbatim—the news is just too good for all of us living in the Colorado Springs area.
As you will see, 3 of the top 20 hottest markets in the country are in Colorado and Colorado Springs is the 18th hottest housing market in the entire country!
Now you can see why I just couldn’t wait to share this with you.
A word to the wise...a hot market means things are moving fast and if you’re ready…NOW is the time. I've been experiencing this frenzy myself over the last month with the majority of my clients. So take a look at the article below and then just give me a call at 598.3200 or email me at Harry@HarrySalzman.com and let’s get the ball rolling.
The 20 HOTTEST HOUSING MARKETS THIS MONTH
Daily real estate News, 2.25.16
The spring housing market may be off to an early start this year, especially in a handful of cities.
Nationally, buyer demand is high, despite a stubbornly low inventory of homes for-sale. This month saw list prices move up 1 percent over January, reaching $230,000. That is an 8 percent increase over a year ago, according to realtor.com®’s latest housing report.
“I would use the phrase ‘pent-up-demand’ liberally – we’re seeing it come through in the marketplace,” says Jonathan Smoke, realtor.com®’s chief economist. “The people who didn’t buy last year were frustrated because they were outbid or couldn’t find a home that met their needs. So they more or less took the holidays off, and are back with way more intensity.”
Realtor.com® pinpointed the hottest medium- to large-markets nationwide. Listings in these 20 places were viewed two to five times more often on realtor.com® than the national average, and homes are sold 44 to 78 more days quickly.
Here are the Top 20 Performing Markets for February 2016: