November Colorado Springs home sales were up 19.2%, the 5th consecutive month of double digit increases over 2010. Is the housing recession over? Maybe. Interest rates under 4% are sure helping sales, and any major changes in that department could derail things, but so far, so good.
Recent Colorado Springs employment news has been strong, with new commercial construction as well as manufacturing and call center hiring. On top of that, the wind down in Iraq is bringing troops back home to Fort Carson, hopefully to stay, which further fuels the Colorado Springs economy in terms of car sales, furniture, etc.
For more details, housing trend information and more, please visit www.LivingColoradoSprings.com/market-conditions.
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