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Colorado Springs Real Estate-Bamberger Report Released- Two Scenarios - 11/13/07 07:16 AM
David Bamberger and Associates have published an analysis of the Colorado Springs housing market for 15 years. This is a significant analysis that is designed to provide insight into current industry trends and to draw conclusions about where the market is likely to go in 2008 and through 2009.Here is a brief excerpt that looks at two possible scenarios for the Colorado Springs Real Estate Market... “Melt-down” scenario:The Fed’s action to lower short term rates was too late. The US economy falls into recession in the early months of 2008. In 2008 the Colorado Springs economy follows the path set by (0 comments)
Colorado Springs Real Estate-October Update Part 3 In Conclusion - 11/11/07 03:50 PM
Conclusion: Lots of Data, How to Spot Trends?Merrill Lynch and Citicorp, as "blue-chip" as they come are now looking for new CEO's due to billions in losses on subprime mortgages and the collateral damage suffered to their lines of credit from these losses. Holy Headlines, Brian Williams. The bottomline for the casual consumer is that "after sub-prime" (the era in time we all now live in) the high-risk, high-reward mortgage-money-making machine no longer exists. Lenders are now forced to self-police their entire portfolio. Money was ridiculously easy to get six months ago. It's a lot harder right now. That's why if (0 comments)
Colorado Springs Real Estate-October Update Part 2 - 11/11/07 03:44 PM
Hard-Boiled Data:Number of Single Family Listing Sold in October (%+/-): 723 Year to Date: 8685Average Selling Price All Single Family (% +/-): October $243,160 Year to Date: $260,618Median Selling Price Single Family (% +/-): October $205,000 Resale: $199,900Condo Average Selling Price (% +/-): October $154,737 Year to Date: $175,239Condo Median Selling Price (% +/-): $139,900Months of Inventory, Locally: 8.94 Nationally: 10.3All PPAR Single Family HomeStats: Price Differential (Sold/Final List): 97.6%Average DOM (only applies to sold listings): 89 Days to ContractPercent of Listings that have sold (YTD): 46.9%Advice for:SELLERS: You are either remarkable or you are invisible. Buyers will not remember a (0 comments)
Colorado Springs Real Estate-October Update Part 1 - 11/11/07 03:40 PM
Introduction: This information is intended to provide our clients with a comprehensive view of the Pikes Peak Regional Real Estate Market. This document is intended for, Residential Real Estate Owners, Sellers, Buyers, Investors and Builders. The goal is to provide factual data and isolate opportunities in a changing real estate market. Real Estate sales and acquisitions are after all investments and all investments involve a certain degree of risk. We hope this document helps make your decision to buy or sell easier, or at least better informed.THE RULES:There are many rules in a fluid real estate market, but here are a few that we believe (0 comments)
Monument Colorado Real Estate Market Report: - 11/07/07 10:06 PM
There were 32 new listings that hit the Tri-Lakes Real Estate Market in October of 2007 the average list price of these newcomers was $474,794 this number is down nearly $18,000 from September. This is not a number that is generally considered a true indicator of valuation trend for an area. There were14 Homes that went "Under Contract" in the Tri-Lakes area for the month of October, their average price was $423,384, this number was up from the previous month.There were 8 homes that sold in the Tri-Lakes area for the month of October and the average sales price of those (1 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.