Pueblo West Home Sales Nearing Pre-Recession Levels
The rise in Pueblo West real estate is a combination of several factors, said Dave Anderson, a broker associate at Remax of Pueblo West who is also a member of the Board of Directors of the Pueblo Association of REALTORS® as well as the Southeast housing spokeperson for Colorado Association of REALTORS®
“There is a lack of inventory,” Anderson said, “as well as high demand. But it’s also part of a nationwide trend.”
Since the beginning of Pueblo West’s current six-year upswing in 2012, which has seen local home sales grow by 162 percent, national home sales figures have experienced a similar spike.
Since July 2010, when national home sales reached a 20-year low of 3.45 million, sales in April 2017 have reached 5.7 million, a 165 percent increase.