Welcome to City-Data.com Forum!
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 05-13-2015, 03:21 AM
Status: "Nothin' to lose" (set 5 days ago)
 
Location: Concord, CA
7,179 posts, read 9,306,900 times
Reputation: 25602

Advertisements

It looks like the home prices in Colorado Springs are heating up:

Colorado Springs home prices jump nearly 10 percent in first quarter

I think the Fed is blowing two asset bubbles: Home prices and the stock market. How long will it last this time?
Reply With Quote Quick reply to this message

 
Old 05-14-2015, 12:46 PM
 
Location: Seattle area
492 posts, read 1,041,291 times
Reputation: 348
Sure would be nice to live in a market-based economy, rather than one that borrows from the future to blow bubbles today. At least it should get ever harder to do it.
Reply With Quote Quick reply to this message
 
Old 05-15-2015, 01:01 PM
 
5 posts, read 28,785 times
Reputation: 31
Just a month ago, I had my agent list my home and within 24 hours, it was under contract. It's definitely a seller's market right now in COS.
Reply With Quote Quick reply to this message
 
Old 05-15-2015, 01:07 PM
 
Location: Colorado
304 posts, read 343,902 times
Reputation: 742
Not a surprise. As the market in Denver continues to inflate beyond belief, people will look outside of the metro area for more affordable housing. Springs will be one of those areas, especially the northern part of El Paso County. It will certainly drive up home prices all along the front range for the forseeable future, making all of Colorado that much more unaffordable.
Reply With Quote Quick reply to this message
 
Old 05-15-2015, 02:54 PM
 
Location: Colorado Springs
7 posts, read 28,046 times
Reputation: 15
It's definitely a seller's market here. I am a local Realtor and we are seeing multiple offers in the first few days of listing.
Reply With Quote Quick reply to this message
 
Old 05-15-2015, 03:04 PM
 
26,208 posts, read 49,012,208 times
Reputation: 31756
Quote:
Originally Posted by New Mexico to COS View Post
It's definitely a seller's market here. I am a local Realtor and we are seeing multiple offers in the first few days of listing.
Is that the $150k to $250k segment of the market, or all price points?
__________________
- 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 05-15-2015, 03:35 PM
 
Location: The Springs
1,778 posts, read 2,883,210 times
Reputation: 1891
Quote:
Originally Posted by mbalmedpoet View Post
Not a surprise. As the market in Denver continues to inflate beyond belief, people will look outside of the metro area for more affordable housing. Springs will be one of those areas, especially the northern part of El Paso County. It will certainly drive up home prices all along the front range for the forseeable future, making all of Colorado that much more unaffordable.
That Denver bubble is going to pop. Me thinks it will pop soon.
Reply With Quote Quick reply to this message
 
Old 05-15-2015, 03:42 PM
Status: "Nothin' to lose" (set 5 days ago)
 
Location: Concord, CA
7,179 posts, read 9,306,900 times
Reputation: 25602
Quote:
Originally Posted by Kar54 View Post
That Denver bubble is going to pop. Me thinks it will pop soon.
Actually not.

As long as the Fed keeps interest rates low, the bubble will blow up.

The Fed is caught between a rock and a hard place. If they increase rates, the dollar will climb. If that happens, exports will drop and the GDP growth rate will drop and might even go negative.

So I think interest rates will stay low for longer than ya think.

Bubbles...bubbles...every asset has become a bubble
Reply With Quote Quick reply to this message
 
Old 05-16-2015, 07:32 AM
 
177 posts, read 314,816 times
Reputation: 170
Denver is definitely in a bubble, check this house out- 2 BR/1 BA and fire-damaged @ $250K. what a deal!

https://www.redfin.com/CO/Denver/371.../home/34070618

Last edited by huffdiver; 05-16-2015 at 07:49 AM..
Reply With Quote Quick reply to this message
 
Old 05-25-2015, 04:54 PM
 
Location: Colorado Springs
89 posts, read 143,417 times
Reputation: 163
Quote:
Originally Posted by Jalhop View Post
Sure would be nice to live in a market-based economy, rather than one that borrows from the future to blow bubbles today. At least it should get ever harder to do it.


Yeah, right. Everything was going great under Bush (two wars put on a credit card), and then the black guy came in, screwed everything up, and told the Feds to lower rates. Downhill ever since.

What do they smoke up there in Seattle? Same thing they smoke in Colorado, I guess.
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:


Settings
X
Data:
Loading data...
Based on 2000-2020 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

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - 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, 36, 37 - Top