The weather in Colorado Springs is cooperating this Halloween with highs near 70 deg F. The leaves are still turning and the lawns are still green making it a colorful Colorado day. Be sure to screen your childrens candy for unwrapped or unsealed pieces when they arrive home from the evening of trick or treat fun. Be safe and Happy Halloween from Luther Benson and the staff at Access Real Etate Professionals.
Rich Laden of the gazette wrote an article in the Colorado Springs Gazett that stated the housing market will stage a turnaround in 2012 and become one of the nation’s best, according to a national forecast by Builder Magazine. According to Builder magazine the Springs ranks No. 7 on Builder’s Top 20 list of healthiest markets the magazine is projecting for next year.
By Luther Benson
As published in the Gazette.
How do we help create jobs in our community? I am not an expert on how to romance big corporations by providing tax credits or incentives, but I do know that in the Colorado Springs metro area our number 1 industry is the building industry. So when home building suffers, jobs suffer and not just building jobs but jobs in other sectors of the economy are affect by those job losses. So what is one thing we can do about it?
Negative and misleading news, mostly ...
What was the market like in Colorado Springs and the Pikes Peak region for 2010?
The year started off with increased sales numbers over 2009, mostly attributed to the $8000 first time home buyer tax credit. Sales were up and prices began to increase in the first two quarters.
Sales began to fall off starting in July but for the 2010 calendar year, sales were down only 6.4% compared to the 2009. New listings averaged 3.2% more than last year.
The Average purchase price actually ended up 5.3% to $229,152 for single family homes compared to last years stats.