Who says that the market is slow?
The last two contracts I have written both have multiple offer situations going. Yes, multiple offers - one on a $465,000 home in University Park! Also, in one of my recent board meetings, a member said that he saw an average of 4 competing offers on the bank-owned listings that were coming across his desk.
We are in for a great 2012! There is less than a 5 month supply of inventory for buyers - pricing is not appreciating in most areas yet, but we seeing progress, the $300's - $400's are picking up a lot! It's fun to discuss these dynamics with the best researcher on the market that I know, our exceptional broker Ben Day!
Feel free to contact Colorado Springs Realtor, Cherise Selley, Active Licensed Broker/Owner of Selley Group Real Estate, LLC or you may contact our group of Colorado Springs Realtors @ www.selleygroup.com or 2139 Chuckwagon Rd, Ste 210 - Colorado Springs, Colorado 80919 - 719. 598. 5101
Portions of this article are written by Gordon, as framed by the expressed opinions of Cherise, but not proofread.