Preliminary data indicates Colorado Springs home sales jumped 19.1% over 2008 for the month of October. While prices did not keep up (Average was down 7.2%, median down 1.1%), it does reflect the continuing improvement in our market. Factors contributing to the uptick are the continued impact of troops arriving at Ft Carson, the $8,000 First Time Home Buyers Credit (currently scheduled to expire 11/30/09), and terrific interest rates, still in 5% territory.
Today’s photo was taken last week from our office, just after one of the snows we had. We’ve got a warm (60’s) and dry forecast for the week, a welcome change from the cool and snowy October we had.
Got questions about living in Colorado Springs? Call me at 719-590-4768 or 888-568-6784! Visit me on Facebook to see even more photos!