Liz Cobb: 719.492.4040 | Jerry Cobb: 719.492.4041
The Pikes Peak Region continues to stand out as a resilient and prosperous market, supported by high median household incomes and a well-educated workforce. While overall growth has moderated, the economy as a whole, has remained stable and employment continues to expand. The UCCS Economic Forum reports that higher interest in recent months, which is […]
Daily mortgage rates slip under 6% for first time since 2022 Decline comes after Trump said he’s giving ‘special attention to the housing market Daily measures of mortgage rates fell on Friday — breaking the 6% threshold for the first time since 2022. At one point, the 30-year, fixed-rate mortgage was down to 5.99%, and the 15-year
Breaking: Daily Mortgage Rates Drop Below 6% Read More »
The past three years we have seen the local real estate market stabilize after the insanity of2020-2022. However, the return to normality probably has felt painful for many because the growth has been minimal. For example annual sales in 2021 was nearly 15,000 units compared to just over 9000 each of the past three years,
Looking Forward to 2026 Read More »
4th Quarter 2o25 The government shutdown affected our market more than most expected as it really impacted buyer confidence despite lower mortgage rates and a good selection of homes to choose from. The number of sales dipped by 5% and when combined with more homes hitting the market, we saw inventory levels rise above 3
Looking Back at 2025’s Real Estate Market Read More »
Colorado Springs Real Estate Quick Facts 30-year mortgage rates were stable for November, in the 6.2% range 2569 listings are on the market-this is up 20% from the same month last year (SMLY) New listings for the month were 705—which is up 3% when compared to the SMLY There were 617 sales for the month-which
November 2025 Real Estate Market Update Read More »
Colorado Springs Real Estate Quick Facts 30-year mortgage rates dropped to 6.17%, which is a great improvement from 6.72% 2,832 listings are on the market-this is up 19% from the same month last year (SMLY) New listings for the month were 1,087 -which is flat when compared to the SMLY There were 689 sales for
October 2025 Real Estate Market Update Read More »
Colorado Springs Real Estate Quick Facts Mortgage rates were down significantly from a high of 6.75% in July to 6.26% in September Average active listings for the quarter were 2,987, compared to 2,349 from the SQLY (up 27%) Total new listings for the quarter were 3,485, compared to 3,520 from the SQLY (flat) Sales for
Q3 2025 Real Estate Market Update Read More »
Colorado Springs Real Estate Quick Facts 30-year mortgage rates continue a very slow reduction from 6.72 to 6.56% 2,979 listings are on the market-this is up 26% from the same month last year (SMLY) New listings for the month were 1,151 -which is down 7.1% from SMLY There were 824 sales for the month-which is
August 2025 Real Estate Market Update Read More »
Colorado Springs Real Estate Quick Facts 30-year mortgage rates remain relatively flat at about 6.7% 3,059 listings are on the market-this is up 35% from the same month last year (SMLY) New listings for the month were 1304 -which is up just 4.5% from SMLY There were 901 sales for the month-which is down 1%
July 2025 Real Estate Market Update Read More »
Colorado Springs Real Estate Quick Facts Mortgage rates were relatively flat for the Quarter remaining in the 6.6% range Average active listings for the quarter were 2,654, compared to 1,820 from the SQLY (up 45%) Total new listings for the quarter were 4,608, compared to 4,036 from the SQLY (up 14%) Sales for the quarter
Q2 2025 Real Estate Market Update Read More »