How’s the Market Doing?

That’s a great question.  The Front Range housing market is continuing to improve slowly.  The $250,000 and under market is still experiencing low inventory levels, high demand/many buyers, and houses that are selling quickly with multiple offers.  Foreclosures are also down, which is always a positive sign.  Here is another YouTube video compliments of Bill McAfee, President of Empire Title Company.

http://youtu.be/Z8kkcrWXs8Y

SUMMARY

2012 YTD vs. 2011 YTD

• Average Price DOWN 3.6%   • Median Price DOWN 2.3%

• Residential Units Sold UP 1.6%    • Inventory Levels DOWN 29.8%

• Number of Listings DOWN 26.4%  • Foreclosures DOWN 11.3%

• Interest Rates are at historic lows

Things to do in Colorado Springs

1.  Garden of the Gods

This remarkable 1,360-acre park is so full of weird and surreal red sandstone rock formations that it looks like Mother Nature teamed with Salvador Dali in forming it. Numerous well-maintained nature trails, some of which are paved, fan through the park and offer great photo opportunities. Educational markers are numerous and enhance your understanding of the who, what, where and why of these one-of-a-kind formations. Garden of the Gods Visitor Center, located across the street from the north entrance, offers hands-on exhibits, tours, a cafe and more. Admission is free. For more info click here.

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