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64 new foreclosed properties came on the market last week

Foreclosure Listings in Colorado Springs as of July 25, 2009

During the week of July 20th, 64 bank-owned properties came on the market; 42 (65%) of them are already under contract, or pending. 

For a FREE list of up-to-date Foreclosure Homes, Email KTorline@msn 

foreclosures 7 20

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Southwest Colorado Springs still a Buyer’s Market

Market Report for Southwest – Single Family Homes Close to Fort Carson

Includes  Broadmoor, Cheyenne Meadows, Bluff Bluffs, Quail Ridge

Search for homes in Southwest Colorado Springs

HOME REPAIR

The Southwest housing market continues to be a BUYERS  Market, as there is currently a 9.7 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”.   2008 Sales units were down 25% from 2007, but 2008 pricing was only down 10% from 2007.   249 Single family homes have been sold in 2009 vs. 260 for the same period in 2008 a decline of  4.5%.

 southwest price comparision june 2009

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Mountain Shadows homes in the foothills

My neighborhood pick of the week– Mountain Shadows

Search for Homes in NorthWest Colorado Springs

Mountain Shadows is a centrally located community in northwest Colorado Springs and contains mostly semi custom and custom homes built in the foothills of Colorado Springs.

Mountain shadwos sign 7 percent

To get to Mountain Shadows homes from I-25 and Garden of the Gods, go west on Garden of the Gods, turn North on Centennial.   The neighborhood is directly to the west of Centennial bordered on the other side by the foothills. 

MOUNTAIN SHADOW

Single family homes in Mountain Shadows currently range in price from Read the rest of this entry »

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Home sales in Central Colorado Springs continue to be brisk

 Colorado Spring Real Estate 
Market Report for homes in Central Colorado Springs  – Single Family Homes

Search for Homes in Central Colorado Springs

The Central part of Colorado Springs housing market continues to be a NEUTRAL Market, as there is currently a 5.66 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”.  Sales were only down 16% from 2008 to 2007, but average pricing was down 5% from 2007 to 2008.   395 single family homes have been sold in 2009 vs. 467 for the same period in 2008; a decline of 15%.

 central market report June

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