Hey Friends, I have 5 fun facts to share with you today. I'll start with a few local market stats here in Colorado Springs followed by a few more interesting ones. Have a great weekend! Blessings, Andrew Fun Fact 1:  Active listings (supply) were down 0.3% when compared to last month but jumped 28% when compared to last year at this time. Last year saw 2,272 active listings. Source: Land...

Hey Friends, I have 3 fun facts to share with you today, which happens to be my birthday!  I hope you have a great weekend! Blessings, Andrew Fun Fact 1: The number of full-time real estate agents and brokers in the US has dropped to 440,000 in 2023, the least since 2014. The real estate agents count fell 72,000 year-over-year, or 14%, marking the largest drop since 2008. The number of...

Hey Friends, I have 4 fun facts to share with you today!  I hope you have a great weekend! Blessings, Andrew Fun Fact 1: For every dollar spent on renovations, Maine shows the lowest home value increase and Hawaii shows the most.  Interestingly, of all the home projects you can do, your garage door will net you the highest payback, according to Todays Homeowner. Source: Source:...

Hey Friends, I have 4 fun facts to share with you today!  Facts 3 & 3.1 is an interesting comparison between housing affordability in 2022 & 2024. Hat tip to Tim for starting me down that rabbit trail. Have a great weekend! Blessings, Andrew Fun Fact 1: The percentage of homes in negative equity for 10 select U.S. metro areas remains very small. This chart shows Q2 2024. Interestingly,...

Hey Friends, I have 5 fun facts to share with you on this Friday the 13th! (I am not sure how that ever became a thing.) A few of my facts are a little random this week but I still have some real estate data for you at the end along with my weekly quote to ponder. Have a great weekend! Blessings, Andrew Fun Fact 1: The Bureau of Land Management, the United States Forest Service, the National...

Hey Friends, I have 6 fun facts to share with you today. As always, my weekly quote to ponder awaits you below. Have a great weekend! Blessings, Andrew Fun Fact 1: Interest on the national debt now eclipses $3 billion a DAY. Source: Treasury Department Data Fun Fact 2: The median down payment for US homebuyers has moved up to a record $67,500. That’s 116% higher than the median...

Hey Friends, I have 4 fun facts to share with you today and my weekly quote to ponder awaits you below. Have a great Labor Day Weekend! Blessings, Andrew Fun Fact 1: While mortgage rates have declined in recent weeks (30-year down to 6.49%, lowest since May 2023), it hasn’t been enough to meaningfully change the equation. Source: Charlie Bilello Fun Fact 2: There has been a 90%...

Hey Friends, I have 4 fun facts to share with you today. I will share on the NAR rulings in #4.  As always, my weekly quote to ponder awaits you below. Have a great weekend! Blessings, Andrew Fun Fact 1: Married couples continue to own more homes by a large margin than any other composition. Single woman own 9% percent more than single men. Source: NAR Fun Fact 2: From January to...

Hey Friends, I have 4 fun facts to share with you today.  As always, my weekly quote to ponder awaits you below. Have a great weekend! Blessings, Andrew Fun Fact 1: The US brought home 126 medals, beating all other countries. Source: NBC Fun Fact 2: There is a large range that countries pay their athletes for winning an Olympic Gold. Source: Tildenpark Fun Fact...

Hey Friends, I have 5 fun facts to share with you after what has been a wild week.  My weekly quote to ponder is also below. Have a great weekend! Blessings, Andrew Fun Fact 1: Spring home price appreciation has continued to slow amid high mortgage rates and low affordability. In May, among the 100 largest metros, 16 metros saw prices decline from the month before, with El Paso, Texas; Gary,...