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Fun Fact Friday πŸ”οΈ 8/11/2023

Fun Fact Friday πŸ”οΈ 8/11/2023

Hey Friends,
I’ve got 3 fun facts and a quote to share with you today. Thanks for reading and as always, reach out anytime with questions! (Want this delivered to your inbox weekly? Subscribe HERE.)

Blessings,
Andrew

Fun Fact 1:
We had 100 transactions this past July. 16 of them were cash, 13 of them included an escalation clause, 4 of them had an appraisal gap and 7 of them had $10k or more in concessions.

Source: The Platinum Group, Realtors – Colorado Springs
Commentary:Β We are still seeing competitive offers and negotiating take place.

Fun Fact 2:
Colorado Springs has about 1.9 months of inventory as of July up from 1.7 in July, 2022.

Source:Β PPMLS

Fun Fact 3:Β US Federal Government Spending has increased 234% since 2000 versus a 74% increase in overall inflation (CPI).

Source: Charlie Bilello
Commentary:Β Imagine if your household spent like this.

Quote I’m pondering:
“It seems to me, that if we love, we grieve. That’s the deal. That’s the pact. Grief and love are forever intertwined. Grief is the terrible reminder of the depths of our love and, like love, grief is non-negotiable.” -Musician Nick Cave on love and grief

 

Thanks again for reading. Subscribe HERE to get this delivered to your inbox so you never miss a read.


Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal or tax advice, an offer to buy or sell any security, or to buy or sell real estate property. Read our full disclosures HERE.

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Andrew Bacon

I love helping people succeed. Being both professional and extremely personal, I love investing in my family, friends, neighbors, clients and community. Providing both peace and value to my clients is the driver of my real estate career.

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