Real Estate Blog

affordable Colorado Springs neighborhoods

The property market in Colorado Springs is now one of the best in the nation. A great economy, beautiful surroundings, and excellent employment opportunities all combine to make this a very desirable place to live.

As a result, things have been heating up for sellers, but also putting some strain on potential buyers due to the rising prices. Although Colorado Springs' housing market still boasts lower prices than the national average, it's higher than many other communities in Colorado, and rising.

This trend will probably continue for a while, so hunting for a good deal is starting to rise on the priority list for potential buyers.

Does that sound like you? Not sure where to start? Well, we've compiled a list of some specific areas in

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new construction vs resale homes in colorado springs

The Colorado Springs real estate market is hot. The city remains a fantastic place to live and the robust economy means there are many entering the market, both locally and from out of town. As a result, developers in Colorado Springs are scrambling to keep up with demand and working hard to out-compete each other with new features and amenities.

But these new homes are also competing with the older stock, usually in more well-established and prestigious areas. In most other cities these homes have the edge on location, granting better commutes and access to the city's attractions.

This isn't the case in Colorado Springs, though. Thanks to its reasonable size, even those living in the outlying communities can get to where they want to go quite

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Will Colorado Springs Real Estate Favor Buyers or Sellers in 2019?

The Colorado Springs real estate market is very strong right now - probably one of the best in the country. The population is growing, quality of life is good, the economy is doing well, and starter homes are still relatively affordable. All of these factors explain the fantastic performance of the Springs market lately, and why it should continue to grow in the coming year.

These conditions have made things a little tough on buyers. The year-on-year growth in prices has outpaced income, effectively pushing many hopeful buyers out of the market.

The intense competition for homes can also be frustrating, since bidding wars aren't that fun for potential home-buyers.

So, the overall picture up until now has been fairly simple: high demand and

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Big Increase in Colorado Springs Home Values

It shouldn't come as a surprise to those who have been following the Colorado Springs real estate market over the last few years that prices are increasing at a rapid rate. But just how hot is the housing market? According to data compiled by realtor.com on a monthly basis, Colorado Springs has consistently ranked among the top 10 hottest housing markets in the United States throughout 2018, with home prices typically increasing by 1 to 2 percent every month. So what does this mean for home buyers and sellers in both Colorado Springs and its surrounding communities? Here are a few tips:

Colorado Springs Buyers

For some, the natural inclination when real estate prices are rising quickly and the market is extremely hot is to assume that the bubble

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So, you’ve finally decided to make the big move to Colorado Springs. Congratulations. However, before you uncork the bottle of bubbly, there is still some work to be done. By now, you might have handed in your notice at work, told your family, and are excitedly counting down the days on the calendar, but what about notifying the electric company? Or the cable and internet company? Luckily for you, we’ve prepared this handy guide to help you successfully relocate to Colorado Springs from wherever in the world you might be.

Colorado Springs 101

Situated over a mile above sea level, Colorado Springs is one of the most populous cities in Colorado and has a population of 465,101 within city limits and 712,000 in the entire metropolitan region. Dating

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Colorado Springs homes are waiting for you.