by Michael Raedel | Jan 18, 2023 | Newsletters
Last year was a strong year for real estate in Colorado Springs and in The Broadmoor area. Most of the strength came early in the year as a continuation of the 2021 boom. Rising interest rates, mid-year and lower inventory, impacted the pace of sales as was expected. The higher interest rates effect all buyers whether getting a loan or not. That said, 2023 looks to be similar to 2022….
by Michael Raedel | Oct 25, 2022 | Newsletters
While our sunny, warm summers draw thousands of visitors annually to the Pikes Peak Region, autumn in Colorado is just as spectacular. High Country golden aspen and snow-capped peaks regularly draw weekend visitors. Many will return for ski season this winter…
by Michael Raedel | May 20, 2022 | Newsletters
Summer’s in full swing here in our Broadmoor neighborhoods. A moderate climate, beautiful scenery and plenty of outdoor adventure options make Colorado Springs one of the state’s most visited communities and recently ranked second best places to live according to U.S. News and World Report….
by Michael Raedel | Jan 10, 2022 | Newsletters
Onward and upward. In 2021, Colorado Springs enjoyed one of its strongest housing markets in its history. The average home price rose over 18% compared to 2020. The number of units sold was record breaking to include existing homes and new construction….
by Michael Raedel | Sep 7, 2021 | Newsletters
It’s been a bright year for home sales in the Pikes Peak Region and we still have a quarter to go before year end. National sources confirm that buyer demand remains strong. According to the latest Buyer Traffic Report from the National Association of Realtors, that trend is forecast to continue throughout much of the country and especially in the Western U.S…
by Michael Raedel | Jun 9, 2021 | Newsletters, Waiting for Review