Colorado Springs Realtor - Cherise's Blog: Single-family Home Building Permits on the increase in Colorado Springs

Single-family Home Building Permits on the increase in Colorado Springs

A report released by the Pikes Peak Regional Building Department showed some optimistic progress regarding single-family home building permits. From January 1 through May 31, single-family permits totaled 670 as compared to 373 for the first five months of 2009.

From my experience as a Colorado Springs Realtor, it seems like the home building permits are geared toward the lower to medium price ranges, though I do not have statistical information to back up my opinion. I continue to see the higher-priced homes scrambling for stabilization, as potential buyers are expecting huge discounts (a few hundred thousand dollars) despite the comparable market analyses which indicate otherwise.

Feel free to contact our Colorado Springs Realtors 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 2 commentsCherise Selley • June 08 2010 02:46PM

Comments

That is a good sign for those in the area. Hope this will spread! Good luck - when builder's are confident to build then consumers' are confident to spend - it's like a chain! Spead it to our area.

Posted by Jody Lautenbach (Century 21 Premier Associates) almost 10 years ago

Jody,

I'd like to package these results to your area via FedEX.

Posted by Cherise Selley, Colorado Springs Realtor (Selley Group Real Estate, LLC) almost 10 years ago

Participate