One month into the fourth quarter we are experiencing the typical slowing of residential sales in the Colorado Springs region.  While there are still many Buyers out there the urgency to find a home during the holiday season tends to diminish some.  Add to that, higher interest rates and the 2024 election and you have a slower than normal cycle. There are “want to”  Buyers and there are “have to” Buyers.  The “want to” Buyers have been waiting on the sidelines to see how the market changes and what price adjustments happen as we approach the end of 2024.  The “have to” Buyers are ready and willing to buy now, as soon they find the right property.  We continue to see new listings come on the market in a variety of price points, in neighborhoods like Broadmoor, Old North End, Garden of the Gods, and Flying Horse.  With positive changes in the market there is anticipation for strong buying and selling movement in the near term.  Colorado Springs remains an attractive choice for home Buyers, and we are looking forward to good times ahead.

Sources: PPMLS

In November, Colorado Springs becomes a tapestry of autumn hues and crisp mountain air, creating the perfect setting for a month brimming with celebrations, sports, and community gatherings. The festivities start on November 1 with Día de los Muertos, where vibrant altars and marigold displays honor loved ones who have passed, filling the city with cultural warmth and remembrance. That same night, hockey fans rally as Colorado College Hockey faces off against the Air Force, followed by a soccer showdown on November 2 between the Switchbacks FC and the Oakland Roots FC, keeping the energy high. November 5 marks Election Day, a significant moment for civic engagement as residents cast their votes. Sports action continues to light up the calendar on November 8-9 when Colorado College Hockey returns to battle Arizona State University, creating buzz ahead of Veterans Day on November 11—a day for honoring those who have served, with ceremonies and moments of reflection across the city. For those with a passion for science and the stars, renowned astrophysicist Neil DeGrasse Tyson will appear at the Pikes Peak Center on November 13, sharing his cosmic insights and inspiring audiences of all ages. As Thanksgiving draws near, the weekend of November 22-23 sees Colorado College Hockey back on the ice against St. Cloud State, keeping the excitement alive. Thanksgiving Day, on November 28, invites families and friends to come together in gratitude, marking the start of the holiday season with warm gatherings and cherished meals. Closing out the month with classic holiday magic, The Nutcracker opens at the Pikes Peak Center on November 29-30, enchanting audiences and setting the stage for winter. With every passing day, November in Colorado Springs radiates community spirit, tradition, and celebration, making it a vibrant time to savor the season and create lasting memories.