Real Estate Meets Insight: Turning Data Into Decisions – Rob Thompson, Realtor®, Iconic Colorado Properties, LLC
I often see the question asked, “Is Colorado Springs a VA (loan) town?” With multiple bases in the area, the answer is, “Yes.” VA loans are the second most popular loan type in town, second to conventional. Here is the breakout of VA purchases by zip code YTD. Here is where folks are buying with […]
The market is cooling a bit. Inventory is up and the closed to list price ratio (a measure of how much above or below list price a buyer is paying) has come down on the average about 1-2%. What comes next? I think this slower market is going to be more the norm.
As we close out June 2022, nine of the top 20 subareas have more active listings than under contract, a distinct shift from 4-6 weeks ago. We are also closing out the month with about 37.2 days worth of homes on the market, up 13 days or so from one month ago.