U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Colorado > Colorado Springs
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 06-20-2014, 01:41 PM
 
Location: Downtown Co Springs
208 posts, read 216,218 times
Reputation: 333

Advertisements

We ended up finding a house in the Shook's Run area. Loving the quick walk to Fifty Fifty in the mornings before my bike ride to downtown for work!
Reply With Quote Quick reply to this message

 
Old 06-21-2014, 10:22 AM
 
Location: Where the mountains touch the sky
575 posts, read 669,940 times
Reputation: 908
You are in my "neck of the woods" it's a great area especially if you like to walk or ride your bike. Welcome!
Reply With Quote Quick reply to this message
 
Old 06-24-2014, 09:35 AM
 
Location: Downtown Co Springs
208 posts, read 216,218 times
Reputation: 333
Quote:
Originally Posted by StarrySkiesAbove View Post
You are in my "neck of the woods" it's a great area especially if you like to walk or ride your bike. Welcome!
Thanks! We're loving it so far.
Reply With Quote Quick reply to this message
 
Old 07-02-2014, 04:53 AM
 
16,438 posts, read 18,522,302 times
Reputation: 9490
Quote:
Originally Posted by starrider434 View Post
We all can assume where the folks are coming from who buy up these homes in three seconds flat.
i'll bite: where are they coming from?
Reply With Quote Quick reply to this message
 
Old 07-02-2014, 10:22 AM
 
20,310 posts, read 37,810,444 times
Reputation: 18087
Quote:
Originally Posted by Bideshi View Post
i'll bite: where are they coming from?
Tens of thousands of homes have been snapped up by hedge funds and investors with billions to invest. There've been articles in the press on this; they buy them up to put into the rental market.

I've seen reports that Chinese buyers are buying up homes...in Vancouver, Canada
__________________
- Please follow our TOS.
- Any Questions about City-Data? See the FAQ list.
- Want some detailed instructions on using the site? See The Guide for plain english explanation.
- Realtors are welcome here but do see our Realtor Advice to avoid infractions.
- Thank you and enjoy City-Data.
Reply With Quote Quick reply to this message
 
Old 07-02-2014, 04:22 PM
 
Location: Black Forest, CO
1,454 posts, read 2,082,689 times
Reputation: 1351
Whether the housing market sucks or not, is all a matter of perspective, and whether you are a buyer or seller. Prices have been on the rise here in El Paso County, and this quarter we are seeing the highest average sales prices since mid-2008!
Reply With Quote Quick reply to this message
 
Old 07-02-2014, 04:28 PM
 
Location: Black Forest, CO
1,454 posts, read 2,082,689 times
Reputation: 1351
Chart with stats from the latest quarter:
Attached Thumbnails
Housing market sucks right now-el-paso-county-june-2014.png  
Reply With Quote Quick reply to this message
 
Old 07-02-2014, 04:57 PM
 
Location: Where the mountains touch the sky
575 posts, read 669,940 times
Reputation: 908
Hmm that is interesting, how are houses over $300K selling? Hubby and I have been mulling over the idea selling our home and looking for a home with more land. We have some classic cars and could really benefit from having the space for a shop, we are in the downtown area now and are fortunate to have a big lot for the city but I think we are outgrowing the garage
Reply With Quote Quick reply to this message
 
Old 07-02-2014, 08:56 PM
 
Location: Black Forest, CO
1,454 posts, read 2,082,689 times
Reputation: 1351
Quote:
Originally Posted by StarrySkiesAbove View Post
Hmm that is interesting, how are houses over $300K selling?
About 25% of the ones that sold last quarter were 300k or over. They seem to take a little longer to sell (average 95 days on market vs 74 days on market for those under 300k), but they are still selling.
Reply With Quote Quick reply to this message
 
Old 07-11-2014, 06:04 PM
 
Location: Seattle area
492 posts, read 837,401 times
Reputation: 342
Quote:
Originally Posted by starrider434 View Post
Same thing going on in Vancouver WA, N Idaho, Missoula, Reno, Outskirts of Portland OR, and etc...u see one decent priced home on realtor.com, a day later it is under contract and pending...utterly ridiculous, imo. We all can assume where the folks are coming from who buy up these homes in three seconds flat.
There's a special situation in Reno, a couple of state laws that effectively allow squatting until 2017. Consequently all but the trashed houses go pending immediately. I don't know why the sellers there don't just add 25%; they'd probably get it within a week. It's strange.

In comparison the CS market looks normal and currently very slow to me. It seems to take a deep dive around this time of year, presumably because parents can't get their kids into the new school by the start of it.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Colorado > Colorado Springs
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top