Interest rates, M2 and Median Pricing in the PPAR region
The relationships between variables that impact the market is fascinating to me (I am, admittedly, a bit of a data nerd). What you see.
May 2023 sales down 32.1% from 2022
As we enter into the last week of May 2023, we are tracking at 67.9% of last year’s sales numbers for the same period.
10 YR Sales #’s / Avg Prices PPAR Region
Here’s a look at the last ten years in the Colorado Springs region. What you see here is a look at the number of.
Five Years of Sales in the Region
Here’s a quick look at the last five years worth of sales in the region. This is the month to month number of sales.
A Tale of Aprils
April 2023 has seen the largest drop in number of sales since at least 1996. We are tracking about 35.8% down from last April..
What if Covid didn’t happen?
I’ve been curious for a bit about what pricing might have looked like had the pandemic not hit. As you probably know, the Fed.
A Decade of DOM
This morning’s graph is a representation of the average Days on Market (DOM) for closed homes by month over the last decade. As you.
Fed raises rates by 1/4 point…why does this matter?
Why does this matter? When you take out a mortgage to buy a house, you are essentially borrowing a large sum of money from.
March 2023 down 30.7% from March 2022
Running the numbers today…as of 21 March 2023, sales are at 69.3% of last year’s volume of sales. Stated another way, the number of.