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
2025 Ends On A Sour Note
Dated: January 23 2026
Views: 128
Here we are looking back at 2025. A year that brought a lot of grief to REALTORS, lenders, buyers and sellers. One of the first years in a long time where everyone in housing was equally frustrated. Median prices fell 5.2% year over year, active listings increased 6.4% and we had a slight bump on sold properties of 2.2%. In a nutshell, the entire year was a grind. And an unpredictable grind. The Spring rush did not rush. The Summertime heat brought little heat to housing. The fall then started to add properties when we usually lose them. Townhome and Condos felt the brunt of the hard times thanks to outrageous insurance issues and HOA’s trying to cope with those. We saw all areas of housing add to the days on market, or in many cases withdrawn/cancelled market rose as homes did not sell.
Looking back, we grasped on to the false hope of rate drops. Buyers opted to rent over buying to save money. Sellers knew the housing market shifted this year, but many thought that it didn’t affect their home, just the other sellers’ properties. Buyers were waiting for further price drops or rate drops and then gave up. One home would sell fast; another wouldn’t get a showing and then would pull from market. Both REALTORS trying to understand why? We saw short sales begin to re-enter the market, and agents started to learn what an REO was (Real Estate Owned Foreclosure). Something we hadn’t seen in 7+ years, locally.
2026 is here, and we have already begun with President Trump stating he won’t allow big institutional investors to buy single family homes. He wants to force Fannie Mae and Freddie Mac to use 200B dollars to lower rates. I am writing this only 9 days into 2026 and we are already trying to predict rate drops from the FED. Some relief for the consumer who quite literally is drowning in debt and has little chance of survival if we don’t figure the economy out. Gold and Silver rallied all of 2025 and look likely to do so into 2026. I expect home values to continue to soften in 2026. I do not believe buyer demand is going to blow up, but to likely to trudge along at best. Consumers are down and out. That won’t flip fast. We are in mid term election year. Look for President Trump to do anything to avoid a recession. I expect the FED will likely try to buy down the long end of the yield curve to avoid even further debt racking up for our out-of-control spending. I will even toss out there some bank failures, hedge fund issues, and look for the AI bubble to let some steam out, if not all fall apart. We are in a very historic time now. FED rates dropped in September of 2024 and that is usually the start of hard times within 18 months of that. Which puts us smack dab at that time where things usually get hairy. Do we avoid that? Is there a black swan event? Does the Japan Carry Trade take down entire banks and funds? We all get to see what 2026 brings us. I expect it to be a very exciting year and will probably provide some surprises that many are not expecting.
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.
