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Results for: colorado springs

Colorado Springs Fire Victims Remember Aftermath, Rebuilding

Colorado Springs REALTOR® Eddie Hurt remembers his home being destroyed in the 2012 Waldo Canyon: “In 2012, Colorado Springs home prices had been declining but leveled off by 2012 so that helped folks have sufficient insurance coverage,” he recalled. Fast-forward to 2022, and real estate in both the Colorado Spring and Boulder areas have seen home prices increase by about...

Colorado Springs’ ZIP 80916 holds 2021 Title of “Hottest ZIP” in the Nation.

REALTOR.com reports that Colorado Springs ZIP code 80916 (on the southeast side) is the nation’s “hottest” market for sales in the entire nation.   The southeast side of the city outranks ZIP codes in Rochester, NY, and Boston, Mass.  According to CAR’s July Market Trends Report, the median home price for homes in all of El Paso County is $450,000.  In...

Colorado Springs and Pueblo Make April’s Top 10 List on Realtor.com®

For the third consecutive month, Colorado Springs, Colo., continued its streak as the hottest housing market in the nation, according to realtor.com®’s monthly housing report. Realtor.com® bases its monthly rankings on which markets’ home listings sites visitors frequent the most as well as where homes are selling the fastest. In Colorado Springs, homes sold in a median of 32 days last...

Booming Job Market and Cheaper Housing are Luring Millennials to Colorado Springs

Colorado Springs’ has been experiencing a two-decade long population boom; the city’s population has grown by 37 percent since 2000. New arrivals have been attracted to the city’s booming economy and lower cost of living compared to other cities. Eleanor Kasper told Colorado Public Radio, “Colorado Springs was significantly less expensive than the area in which we were living in...

Colorado Springs Makes List of Top Markets for Millennials

Millennials are flocking to affordable smaller cities, baby boomers are retiring in walkable communities that offer urban amenities, and Gen Xers are heading to larger, high-priced markets. Realtor.com® researchers recently evaluated the migration trends of the generations. Life stages—growing families, retirement, and employment—continues to drive demand in housing. Millennials, the largest U.S. generation ever, is particularly making its mark on...

Colorado Springs, Fort Collins Make NAR List of 10 Markets Expected to Outperform Over the Next Three to Five Years

WASHINGTON (December 11, 2019) – The National Association of Realtors® identified 10 markets expected to outperform over the next three to five years. In alphabetical order, the markets are: Charleston, South Carolina Charlotte, North Carolina Colorado Springs, Colorado Columbus, Ohio Dallas-Fort Worth, Texas Fort Collins, Colorado Las Vegas, Nevada Ogden, Utah Raleigh-Durham-Chapel Hill, North Carolina Tampa-St. Petersburg, Florida “Some markets...
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Colorado Springs ranks No. 5 in hottest housing markets, Pueblo earns high mark

The steady increase in local home prices might have slowed, but Colorado Springs remained one of the nation’s top housing markets in January — ranking No. 5 out of 300 metro areas in Realtor.com’s monthly hotness index.   Other Colorado rankings were Pueblo, No. 27; Denver-Aurora-Lakewood, No. 79; Fort Collins, No. 100; Boulder, No. 110; Grand Junction, No. 123; and Greeley,...
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A glimpse into why Colorado Springs’ economy is attracting so many outsiders

The city leads the state for employment growth in 2018 and 2019, thanks to diversity in business, age, health care, cybersecurity.   Lower housing prices have definitely attracted Denver buyers willing to brave the commute, said Donna Major, current chair of Pikes Peak Association of REALTORS®. On average, homes in the Colorado Springs region cost about a third less than...