Colorado Springs Realtor - Cherise's Blog: April 2011

Bill McAfee’s version – Colorado Springs Real Estate

selley group real estate, llc

Bill McAfee, President of Empire Title, authored an article entitled, “Be afraid, be very afraid!!!” The point he was making is that it’s okay to be afraid of things out of our control, such as world events and various acts of nature.  On the other hand, when it comes to Colorado Springs Real Estate, there are many reasons that we do not have to be afraid. Here are some things for which Mr. McAfee elaborated regarding the positives about our real estate market, “population growth, and decrease in foreclosure numbers, inventory levels, new build inventory and the lack of investor speculation.”

McAfee’s 2010-2011 Year Over Year Recap

  • Average Price                           Up 3.8%
  • Median Price                            0.0%
  • Residential Units Sold               Down 4.3%
  • Inventory Levels                       Up 8.9%
  • Number of Listings                   Down 1.1%
  • Foreclosures                            Down 19.8%
  • Interest Rates are at historic lows

Feel free to contact our realtors in Colorado Springs CO at Selley Group Real Estate, LLC:  2139 Chuckwagon Rd, Ste 210 - Colorado Springs, Colorado 80919 - 719. 598. 5101

Portions of this article are written by Gordon, as framed by the expressed opinions of Cherise, but not proofread.

Comment balloon 12 commentsCherise Selley • April 29 2011 11:19AM
Bill McAfee’s version – Colorado Springs Real Estate
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