Lower mortgage rates unlikely to continue…

as interest rates rise, market dynamics shift. Personally speaking, I intend to buy another property or two this year. If you’re looking to buy or sell, please call Rob at 719-440-6626.

For Sale: 15616 Lacuna Dr, Monument, CO

Looking for a home in the Monument area? Look no further! This 5 bedroom home offers views of the mountains and plenty of entertaining space!

Call Rob at 719-440-6626 to schedule a showing!

15616 Lacuna, Monument, CO

DSCN0082

Housing crunch coming to Colorado Springs…

…if you’re reading this from my Facebook group (Colorado Springs Rentals) you likely know the crunch highlighted in this article is here.

We are committed to providing you the most up to date data and options we can. There just isn’t a lot out there, especially on the rental side!

Perhaps the most startling fact in this article is the statement that by 2019, there will be a huge gap in affordability.

What to do? Plan for an increased crunch and rising prices. If interest rates rise, this may moderate that growth…but it’s difficult to say for sure.

Home prices on the rise nationally

On a national level, home prices are on the rise. Colorado Springs is a healthy market right now, too, with generally more demand than inventory (especially for the below $225K range). However, this is NOT a market you can flip a home in under 2 years in and expect to profit (generally).

If you’re looking to buy or sell a home in Colorado Springs, I’d be honored for the chance to earn your business! Call Rob at 719-440-6626 or email me at rob@rtrcolorado.com.