While housing is slowly recovering, the Fed recognizes this is a fragile economy, and has wisely chosen not to start jacking interest rates up. These sorts of things can be just symbolic, because the price of bonds is what usually drives mortgage rates, and they will still bounce up and down based on lots of [...]
|
|||||
|
One of the ongoing local political struggles is something called the Southern Delivery System, an ambitious project to pipe water from the Arkansas River up to Colorado Springs. The city has the water rights, but the not the means to deliver it – yet. A backup route was approved yesterday by Fremont County that makes [...] Preliminary data on Colorado Springs real estate sales in November indicate unit sales for single family homes are down 25.2% from last year, and the average price of $215,470 was 14.5% below last November. These are not good numbers, but keep in mind that the election was pretty much on every one’s mind during the [...] #1 I need to correct a prior post on Colorado Springs cost of living items. Gas has dropped to $1.92 at the nearby local gas stations. I actually saw one station drop their prices 3 times in 24 hours this week! #2 Yesterday we had an extended briefing from John Tuccillo, former chief economist [...] Colorado Springs woke up this morning to our first snow of the season. Not on the Peak, on the ground. A balmy 25 degrees out, the wind made it feel a LOT colder. This aspen in front of our house has lost 1/3 of it’s leaves, and they had not even turned color yet! [...]
Permalink
“This too shall pass” has become one of my favorite sayings of late. With the housing market being in the tank for going on 2 years, financial markets being in turmoil, the wars in Iraq and Afghanistan continuing, gas prices being high, etc, “This too shall pass” seems like a great way to deal [...]
Permalink
Colorado Springs got some good news on the economic front in this morning’s Gazette. The 1st was kind of expected, the US Olympic Committee is expected to accept the city’s proposal to keep them here for another 25 years. The USOC, the Olympic Training Center, and the associated National Governing Bodies are kind of a [...]
Permalink
This is a special day for us, our newest grandbaby is scheduled to be born today. Of course you never know for sure until it happens, but they are planning on inducing labor, so the odds go up considerably! The weather seems to be warming up a bit after a cold winter, we should be [...]
Permalink
Yesterday was our annual awards ceremony at RE/MAX Properties. It was surprising to me that I came in #11 out of 275 agents, given that it really was a pretty tough year. I have hopes for a stronger 2008, and have mentioned the rationale for them in this space before, but they bear some repeating.1. [...]
Permalink
T Rowe Price has opened their second Briargate facility. There was a nice write up on this in today’s paper, and since I drive by this facility almost daily, I thought I should mention one of the bright spots on the Colorado Springs economic horizon. They expect to add another 700 employees or so over [...] |
Virtual Tour Inventory Widget
|
||||
|
Copyright © 2012 Living Colorado Springs - Rick Van Wieren RE/MAX Properties Inc. Toll Free 888-568-6784 All Rights Reserved |
|||||