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What really happened to our prices?
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If you read the national newspapers on a daily basis, you’d think all houses in Colorado Springs have plummeted in value. Not true, and I’m a big believer that graphics and charts can really tell the story; so here’s my attempt to show the pricing in our market. The last column in the graph below is 2009 and show that the current pricing is closer to 2005/2004. Granted that’s not great news, but nearly as bad as some of the newspapers and press would lead you to believe. Remember, real estate is always local.
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Kathy (719-287-1049) KTorline@msn.com
