Hey Friends!
I walked into Walmart this morning and saw the “back to school” section in place of all the amazing 4th of July stuff. It was a terrible experience. I refuse to think about the Fall. Onward summer!! Anyhow, I have 3 fun facts for you today.
Enjoy!
Andrew
Fun Fact 1:
Colorado Springs continues in its appreciation slump and seems to be on trend to have a 5 year record of performing below the 5.1% annual average. Hoping Q2 numbers bring some relief soon.
Source: fhfa.gov & Focus 1st
Fun Fact 2:
The Colorado Springs Rental Market is under performing last year by about $45 a month. The competition is growing as sellers are not excepting lower prices for their homes and opting to rent them instead.
Source: Tri Star Property Management
Fun Fact 3:
The amount of older borrowers with federal student debt is growing. This is not good. All debt is dumb, but letting these loans last this long is a horrible plan for anyone. It will significantly reduce your chances have having true wealth.
Source: USA Facts; Office of Federal Student Debt
Quote I’m pondering:
“The more you create, the more powerful you become. The more you consume, the more powerful others become.” James Clear
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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.
