Saturday, July 22, 2017

More of the same expected in the second half of 2017!

Colorado Springs' single-family housing market in the first half of 2017 looked a lot like it did last year: strong in some areas, red hot in others - but not without problems.
On the plus side, the pace of Springs-area home building in the first six months was on par with 2016, when construction soared to a 10-year high.
Existing homes, meanwhile, were being sold at a record clip in the first half and fetched record-high prices. And foreclosure activity continued its steady decline, which also signaled the housing market's recovery.
"It really just continues to go through the roof," Tatiana Bailey, director of the University of Colorado at Colorado Springs Economic Forum, said about single-family home sales and prices.
Follow link below to read the rest of this great article:

http://gazette.com/more-of-the-same-expected-in-the-second-half-of-2017-for-colorado-springs-hot-housing-market/article/1607646

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