We are still seeing some big momentum at our listings in Colorado, however showings are slowing down slightly. In Colorado Springs, we’re seeing about an $8,000 increase month over month. Besides the difficulty of finding a home, the rental market is also seeing limited inventory. It’s ultimately a supply and demand issue.
So, what can you do while you’re on the sidelines waiting to buy? SAVE! Cash is king and having the appraisal difference is huge for winning an offer.