Market Update April 2012, Prices Up
By Luther
May 4, 2012
The number of homes sold was up compared to last April with an increase of 4.8%. The number of homes for sale in Colorado Springs is 3383 active single family listings on the market compared to 4580 last year in April, which is a 26.1% decrease. New listings on the market were down by 1%. The average sales price was up 2.6% compared to last April. With supplies down and demand up for several months in a row the prices are beginning to edge up. The median single family sales price was up 4.1% in April 2012. Last year's median number was $184,950 and this year's April stat was $192,585.&...
Housing Starts Up 40.4%
By Luther
May 9, 2012
I am reprinting this article from Rich Laden of the Gazette. New housing starts are up 40.4% over last year the same month! RICH LADEN Local homebuilding is on a roll. The pace of home construction jumped to a nearly five-year high last month in  Colorado Springs and surrounding El Paso County, with industry members crediting  low mortgage rates, pent-up demand and improved consumer confidence as among the  reasons for improved numbers. “I’m encouraged, I think it’s going to be a decent year,” ...