Colorado Springs Vintage Homes Blog
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Facts, figures, and details from HUD
A Wealth of Information
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HUD sent out a press release last week about their new web site, www.hud.gov/datamap. The new site uses data from the Census Bureau, Labor Department, state and local governments, housing industry sources, as well as HUD’s own field economists. 
One of my my favorite features is that it has an interactive map, where you can click on particular sections of the country. Colorado is in Region VII. Once you get into the market at a glance section, there is an amazing wealth of information, all in easy to read charts. Here’s some of the info I picked up from the site about El Paso County and housing in the US.
- As of 2008, 32% of the population is renters. vs 68% were owners.
- The population in El Paso County as of 2008 was 616,975
- The average rent for apartments in the area was $695
- In the United States, the average price of a house in 2009 was 172,500.
- Homeowner rates increase by the age of the homeowner. As an example, 80% of people over the age of 65 own their own house, vs. 52% for homeowners between the age of 30 to 34.
What I didn’t like about the site is that there are Comprehensive Market Analysis Reports, but the report for Colorado Springs was from 2007, and market conditions have changed immensely from 2007 to 2010.
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Kathy (719-287-1049) KTorline@msn.com
Old Colorado City housing market remains strong
Colorado Spring Real Estate – Market Report for Old Colorado City - Single Family Homes
Includes Crown Hill Mesa, Gold Hill, Old Colorado City
Search for Homes in Old Colorado City
The Old Colorado City housing market continues to be a Buyer’s Market, as there is currently a 8.3 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET“. Sales are down 22% from 2008 to 2007, but 2008 pricing was only down 1.5% from 2007. In the first 4 months of 2009, sales are continuing at a stronger pace than 2008.
Colorado Springs Homes, Market Report for Old North End
Colorado Springs Real Estate
Market Report for Old North End Neighborhood – Single Family Homes
Search for Homes in Colorado Springs
Single Family Homes in Old North End were primarily built in the 1900’s to 1920’s. The majority of the houses are ranches and 2-storys, with 3 to 5 bedrooms, 2- 3 baths, and 1 – 2 car garages. The average home has appx. 2500 to 3500 square footage. The absorption rate of 3.67 houses per month shows that there is a 6.54 month supply of houses on the market; the housing market is currently a NEUTRAL -BUYERS MARKET in this area. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”
Old North End is located in the Central Part of Colorado Springs and in District 11 Schools
Old North End homes are:
- Close to and the Olympic Training Center
- Close to Colorado College
- Great views of Pikes Peak
- Close To Penrose/St. Francis Hopsital
- 10-15 minutes Read the rest of this entry »
