COS Town Tidings #25-053
Real Estate Roundup Edition
🏡 Unlock the Colorado Springs Housing Market: Latest Home Sales and Market Insights - (Gmail will truncate, 👉click to READ ONLINE)
Downtown Colorado Springs
📢 ATTENTION REATORS! 🏠
🏡 The Housing Shortage Is Hitting Hard!
📢 ATTENTION MORTGAGE BROKERS!
📊 Mortgage Rates Just Shifted—Now What?
🌤 COS Weather - Partly cloudy and warmer
Can you imagine where we would be without builders?
👉Outside 🤣
🏡 Unlock the Colorado Springs Housing Market: Latest Home Sales and Market Insights
Black Forest
Properties recently sold ranging from $799K to $1.1M. Click to view Black Forest listings
Cimarron Hills
Properties recently sold ranging from $195K to $575K. Click to view Cimarron Hills listings
Banning Lewis Ranch
Properties recently sold ranging from $455K to $719K. Click to view Banning Lewis Ranch listings
Mountain Shadows
Properties recently sold ranging from $640K to $976K. Click to view Mountain Shadow listings
Old Colorado City
Properties recently sold ranging from $218K to $1.01M. Click to view Old Colorado City listings
Downtown Colorado Springs
Properties recently sold for $517K to $560K. Click to view Downtown Colorado Springs listings
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📢 ATTENTION REALTORS! 🏠
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🏠 The Housing Shortage Is Hitting Hard!
El Paso County’s rapid growth is outpacing the availability of affordable homes, prompting developers, nonprofits, and officials to collaborate on solutions. A new report shows that while thousands of homes and apartments were built in 2024, many renters still struggle to find housing within their budget.
With an expected influx of 50,000 residents by 2029, leaders warn that a lack of housing could impact the entire community, making it harder to attract workers and sustain businesses. The recent State of Housing event emphasized the urgency of expanding affordable options to ensure the region remains livable for all. *Source
📢 ATTENTION MORTGAGE BROKERS!
Are you a mortgage broker and want to become one of our experts? Inquire for sponsorship details at [email protected]
📊 Mortgage Rates Just Shifted—Now What?
Mortgage rates were expected to dip to around 6% by the end of 2024, but they’ve remained high, hovering in the upper 6% range. Even with the Federal Reserve cutting rates, mortgage rates haven’t budged much, and experts predict any future declines will be gradual.
Those considering a home purchase or refinance should base their decision on their personal financial situation rather than waiting for the “perfect” rate, as significant drops may not come until mid-2025. The next Fed meeting could signal the direction rates are headed, but for now, uncertainty remains. *Read Source
❓ Do you have Real Estate Questions?
🎉 Events Calendar!
We're making it easier to discover and share what's happening in Colorado Springs! Our carefully curated, interactive calendar is live and growing. Optional weekly SMS event reminders available!
Have an event to share? Add it directly to the calendar. Click image above to access.
📆 Local Events
WEEKEND EVENTS - Click calendar above!
Feb 22-23, 1-4 PM: 3-Hour Original Colorado Springs Food Tour @1 Tejon St $69-$87
Feb 22-Mar 8: Ice Castles @Cripple Creek $21-$29
Feb 22, 10am-3pm: Boomers Retirement Expo @Colorado Springs Event Center, 3960 Palmer Park Blvd FREE
Feb 22, 10am-4pm: Rainbow Falls Winter Waterfall Viewing
Feb 22-23: Ice Festival @Cripple Creek FREE
Feb 22, 7pm: All About Love - A Flight of Operas @Broadmoor Community Church $21.25-$61.25
Feb 26-Mar 1: 33rd Annual Wine Festival of Colorado Springs @ Broadmoor and other historic sites (Limited Tickets Left)
Feb 27, 7-9pm: Jeff Allen | Comedy Night @Phil Long Music Hall $44-$59 (ages 14+)
March 1, 3-7pm: Celebrate Her Fashion Show and Women's Showcase @The Antlers $17.95-$55.20
March 7-16: Lucky Stiff by First Company Theater @First United Methodist Church, 420 N Nevada $5-$18 (Local small theater company, let’s support them!)
Mar 15, Apr 19, 6:30-8:30pm: Date Night Starlight Safari – Adults Only (21+) @Cheyenne Mountain Zoo $40.75-$55.75
April 5, 6-9pm: Murder Mystery, Dirty Money @Great Wolf Lodge, 9494 Federal Dr $64.95 (17 Tickets Available)
April 13, 7-9pm: Sara Evans | Unbroke Tour @Phil Long Music Hall $40-$239 (ages 14+) (5 Tickets Available)
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The latest Real Estate Roundup issue, focusing on the dynamic and ever-evolving Colorado Springs housing market. Our team has compiled* essential market insights to help you stay ahead in your real estate endeavors. *Data source: Redfin
