Colorado Springs’ Explosive Growth + Improving Your Purchasing Power – The Real Estate Show Episode 38
Cherise welcomes back Shawna Uehling to discuss the real estate experience for buyers, sellers, and realtors, both nationally and locally to the Colorado Springs area.
Shawna touches on interest rate activity in recent weeks and how it’s being affected by global unrest, and enlightens buyers to how cleaning up their financial picture can have a significant impact on their purchasing power.
Cherise discusses the explosive growth happening in Colorado Springs, and gives thanks to Mayor John Suthers for what he’s done to make the local business climate so attractive.
Cherise and Shawna also take note of one new and notable way that the city’s explosive growth is affecting local housing.
00:00 Intro
00:45 February Recap – Average Sales Price in El Paso County
1:18 Average Days on the Market for El Paso County
2:07 Seller tolerance for timeframe to respond to offers
2:37 What are interest rates doing?
3:15 Your credit score and how it affects interest rates
5:05 Colorado Springs economic growth as stated through Mayor John Suthers
6:16 Mayor John Suthers told Cherise what he is the most proud of accomplishing
7:45 Field of Dreams analogy
7:57 Infrastructure attracts business
8:22 Where is the hottest commercial growth happening in Colorado Springs?
9:53 How is housing affected in this time of explosive growth?
10:20 Colorado Springs is getting ready to build its first rental neighborhood
11:36 National trend statistics for homes built as rentals
12:38 Sellers it is time to list now don’t take the market for granted
On The Real Estate Show we talk about what it takes for buyers and sellers to succeed in a complicated real estate market both in Colorado Springs, and in other locations across the country. Subscribe and hit the notification bell for updates on weekly episodes where we discuss what it really takes to succeed in real estate!
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