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.
The article sited that the Department of Defense’s major presence in the Colorado Springs area — which includes Fort Carson, Peterson Air Force Base and Schriever Air Force Base — will serve as a catalyst for the local housing market, Builder suggests.
The magazine suggests Moody’s expects indicate the Springs-area home prices will climb 2.6 percent next year, while job growth will increase 1.4 percent, numbers of households will rise 1.8 percent and median incomes will jump 2.9 percent.
John Cassiani is the incoming president for the Colorado Springs Building Assoc. Cassiani says, other positives include rock-bottom mortgage rates and low prices. Many builders continue to offer incentives, such as free landscaping and finished basements.
read the full article Here: http://www.gazette.com/articles/springs-127343-list-markets.html
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.