Colorado Springs Real Estate Breakdown
In April 2007, there were less new-to-market listings of Colorado Springs homes for sale as compared to that in April 2006. However, buyer activity has not picked up the pace to complement the reduction of listings approaching the real estate market.
Homes are really being made affordable to more people as sellers are becoming reasonable with their prices. However, the big catch here is that the buying activity now as compared to the previous year, is at an all time low! And the likelihood of a sale, for any seller, has been reduced to the lowest point in nearly a decade.
For Colorado real estate sellers, if you have been on the market for more than 30 days, the coming days may not be very satisfying. Ongoing fluctuations in both the stock market and in the real estate market are all joined to the sub-prime meltdown. The buyer's purchase will be gradual with the mixture of other urgent interruption, and credit unavailability.
As a Colorado Springs buyer, you do not want to forgo your capacity to assist a seller's needs: in terms of time and money. Find some cash when you buy to create the best scenario for yourself. Evaluate your lenders' past operations before committing to work with them. In a market that still has some very good rates, getting smarter financing linked with the actual acquisition is a good scheme.
Let us help you with your Colorado Springs real estate selling or home buying. There is no replacing the experience of a Colorado Springs REALTOR during these times.
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