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Results for: colorado springs

Building Permits Slowing in Denver Faster Than Most Cities, but Picking up in Colorado Springs and Greeley

Denver metro construction is slowing from its highs in 2021, according to a new report by real estate brokerage Point2Homes. The brokerage analyzed the number of home building permits issued in 2021 and 2020 in metro areas and states. The Denver metro area is seeing some of the steepest year-over-year declines in permitting in the nation. In contrast, the report also...

Colorado Springs REALTOR® Named NAR 30 Under 30

Colorado Springs REALTOR® Ashlee Nath has been named as one of this year’s National Association of REALTORS® 30 Under 30. The character of the 2023 class of 30 Under 30 can be summed up in two words: bold entrepreneurs.  Some members of this year’s class have taken great leaps to make it in the industry. They are relationship builders, barrier...

Statement on Colorado Springs shooting

The members of the Colorado Association of REALTORS® were saddened to learn of the mass shooting that occurred this past weekend in Colorado Springs and are heartbroken at the needless loss of life. We will remember and honor the lives of those we lost, as well as the lives that have been changed forever as we stand strong against all...

Note to Sellers Colorado Springs.

CAR’s Market Trends Research reported that in Colorado Springs, the median price of homes sold in October increased by 4.3% to $465,000 since last year at the same time. Compare that number to the number of home sales, which decreased by 33%, from October 2021. Colorado Springs REALTOR® and PPAR President Anne Kidd has one option for sellers: “You can’t...

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...