Tag Archives: Southwest Colorado

GETTING REAL BUYER TRAFFIC

Mortgage rates continue to be a drag on the housing market. In metro areas, there has been a large shift with new home sales now accounting for a much higher than normal share of the total sales. Why is this, … Continue reading

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DIFFERENT PERSPECTIVE ON HOUSING MARKET

While the debate regarding the near and long-term outlook for interest rates continues, there are other forces still at work that impact the housing market. Focusing only on current interest rates is short sighted. Our local housing market is comprised … Continue reading

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NEW YEAR 2023 FROM THE SOURCE

MIKE HERATY LOOKS BACK AND BEYOND 2022 brought an increasingly shifting real estate market to southwest Colorado, which began at the start of the summer. As the impact of Covid-19 decreased, we saw a reduction in the inflow of new … Continue reading

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GOOD NEWS FOR SOUTHWEST COLORADO

  Home builder confidence is up, according to the most recent survey by National Association of Home Builders/Wells Fargo housing market index (HMI). According to NAHB chief economist David Crowe, “low interest rates, affordable home prices and solid job creation … Continue reading

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