“It is almost hard to be creative when writing these reports because the story remains the same. Much like the lack of snow fall to hit this winter we are seeing a total lack of
What Is Up With The Future?
Dated: June 17 2019
Views: 416
Last week continued to be up and down with the stock market. We did end up pretty flat. We were not as robust on jobs or unemployment as everyone thought. Which led to interest rates staying low.
Some of the stats I found most interesting though was that credit card delinquency was rising and car loan delinquency was also rising. Then toss in student loan debt on the rise with delinquencies and you seem to be looking at some troubled waters ahead. But it is not affecting housing, yet.
Colorado Springs and Pueblo has increased prices for homes again for the month of May. And both had low days on market and low inventory to choose from. Housing along the Front Range continues to be hard to get for buyers and easy to offload for sellers.
Let's continue to watch this together. But we are in uncharted territory in many ways. We have printed a lot of money and kept interest rates down for a long time. When we did raise them it really affected the economy in a negative way.
Signing off for now but I ready to see what this week brings us.
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
With the holiday season fast approaching and the thoughts of days off, time with family, and pumpkin spice, the one thing we will not be enjoying is gifts of more housing inventory in the
“Many think that fall brings a slowing down of the housing market. As September wrapped up, kids went back to school, or didn’t, we once again realized that housing is not seasonal
“There has been a direct correlation between the drop-in inventory and the increase in pricing along the Pikes Peak Region. We saw active listings drop over 50 percent among all
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.name 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. January 26, 2021 9:08 PM 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 the Pikes Peak Realtor Services Corp.
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
