Colorado Springs, Rentals

Rental prices due to rise 10-26%?

I had a lunch meeting with a “numbers guy” today…was told that he expects rental prices to raise on average 10-26% in the next year. I have not yet verified this information independently, so take it as an unconfirmed data point. Anecdotally, this doesn’t actually surprise me, though, having watched the rental market here climb for the last 14 months.

Looking to buy? Low interest rates…HIGH demand (especially for a 3 bedroom, 2 bath home that rents for ~1100ish)…this is the market to do so!

Rob – 719-440-6626

Colorado Springs, Interest rates

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.

Colorado Springs, Listings

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

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Colorado Springs, Home Values, Rentals

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.

Colorado Springs Realtor®