COLORADO SPRINGS“The statistics do not tell the entire story. We may show only a 1.1% drop in the median sales price for all properties, and a slight uptick in active properties, but the real
Why Is It so HOT When It Is So COLD???
Dated: December 13 2019
Views: 461
“The Pikes Peak region woke up in November to some cold days and a hot real estate market. The winning streak continues for sellers as the market remains tight. And although we ended up with an increase in days on market, we continue to push values up as well. There appears to be no cooling off this winter in our area. Though many agents are starting to say that they are seeing slowing on showings and multiple offers, we are still in a great real estate market, even though buyers are really having problems with affordability.
“Things to look out for as we move forward will be the increasing debt levels that Americans are carrying. Student loan debt hit 10.9 percent delinquency on almost $1.4 trillion. China and the U.S. continue to make no headway on any trade deals. And the FED continues to leave future interest rate drops on the table. One should ponder that if the economy is good, why is the FED looking at future interest rate drops? Overall GDP appears to be stagnant or even pulling back in the fourth quarter which would make one pause as well.
“I believe it is best to deal with the now. So, for now, if you are trying to sell a home in our region you are going to see a slight uptick in days on market and yet still have offers coming in to review. Buyers will have low inventory to choose from but will be able to take advantage of low interest rates. If some of the rumors are true, and Denver along with surrounding areas are starting to see a slowdown, we will likely feel that in the next 6 months. For now, we are still moving homes at a great pace,” said Colorado Springs-area REALTOR® Patrick Muldoon.
Patrick Muldoon
I have many interests and hobbies to supplement my busy career in real estate. Although I enjoy my work I also enjoy finding free time to enjoy the most important things in life. This includes being w....
Latest Blog Posts
The housing market continued to plug along in July across the Pikes Peak Region, remaining essentially unchanged from last July in median price, sales, and active listings. Still, the market feels
COLORADO SPRINGS“We had a little bit of stabilization in May across the front range as sold listing increase 8% year over year, added slight value (0.8%) to the median sales price, and watched
“The Front Range market of El Paso County and Teller continues to drag. April saw a 1.8% increase in total units sold from last year, but we remained 6.3% higher on active listings and our
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO©. Real estate listings held by brokers other than Muldoon Associates, Inc. are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. September 22, 2026 11:19 AM UTCd
The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by elevateMLS.
Pueblo Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be
Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. Copyright ©2026 All rights reserved.
