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Colorado Springs Real Estate Market Trends

The real estate market in Colorado Springs ended the year 2021 with a historic low number of homes for sale. Only 659 homes were listed for sale in El Paso County compared to the 1,536 homes for sale five years earlier in December 2016. The lack of homes has led to fierce bidding wars. At the end of 2021, the median price of homes sold in December increased by 18.4%. Experts are cautiously optimistic of the area’s housing supply increasing in 2022. Read on to know more about market trends in Colorado Springs. Be Prepared When Shopping for a Colorado Springs Home Realtors like Vaughn Littrell caution that it is vital to do due diligence and talk to your agent frequently before looking at a home. You will want to know how much of a home loan you can qualify for quickly or get prequalified so that you are ready [...]

March 10th, 2022|Categories: Home Finance General, Refinance|Comments Off on Colorado Springs Real Estate Market Trends

Vaughn Littrell - Home Finance in Colorado

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