Colorado Springs Realtors - home affordability


Increased buying power fans the flame about home affordability

Cherise Selley November 22nd, 2010

When comparing the Colorado Springs Real Estate market between 2009 and 2010, the potential homebuyer has about 34% more buying power – given low interest mortgage rates and affordable housing prices alone. Even though some of the numbers are somewhat flat about the functionality of home prices, as a Colorado Springs Realtor, I think we’ve [...]

 

Home affordability represents the sum of the parts better than rock bottom home values

Cherise Selley October 20th, 2010

How do you know when the Colorado Springs Real Estate market has hit bottom?  Answer: when you see it going up. Rock bottom does not necessarily mean that this is the best time to make your next real estate purchase.  Consider this thought about your next Colorado Springs home purchase. Interest rates play a pivotal [...]