The May market stats are out for Colorado Springs, and I discussed them with our roundtable panel. Active inventory in the Springs went up 30%, from 700 to 1000 last month. Although this is less than a one-month supply, we’re feeling a change in the atmosphere. Listing agents are more likely to follow up after a showing, and we’ve been able to take the time to write strong contracts and negotiate.
To hear the full discussion with Chris Lopez, Envision Advisors agent Preston Newberry, and lenders Joe Massey of Castle and Cooke Mortgage and Travis Sperr of Renovo Financial, and me, listen to the podcast or watch the YouTube video.
- Listen to the podcast “#88: May 2022 Residential Market Update” on the Colorado Springs Real Estate Investing Podcast
- Watch the YouTube video (at the bottom.)
- Read the blog post. Note, the blog is an executive summary. Get the in-depth breakdown from the podcast or video.
Colorado Springs Housing Trends May 2022
How to Get Started Building Your Own Colorado Springs Rental Portfolio
For information on how to start investing in Colorado Springs, check out our free 2021 Colorado Springs Real Estate Investing Guide.
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