Hello Friends, I've got 6 fun facts for you today.Ā Ā IĀ hope you have a great weekend! Andrew Fun Fact 1:Ā Here inĀ Colorado Springs, active listings "supply" totaledĀ 2,685Ā in November andĀ were down 9.9% when compared to last month. TheyĀ jumped 25.8% when compared to last year at this time. (Last year saw 2,135 active listings.) Source: Land Title Guarantee Company Fun Fact...
Hello Friends, HappyĀ December! Christmas music can now officially be played. IĀ have 4 fun facts for you today. Ā I hope this holiday season is off to a good start for you and that youĀ have a great weekend! Andrew Fun Fact 1:Ā Housing prices continue to rise nationally across all indexes. Source: Logan Mohtashami; Advisor Perspectives Fun Fact 2: There hasn't been a nuclear...
Hello Friends, I have 4 fun facts to share with you today. Ā One of them is literally out of this world!Ā Have a great weekend! Blessings, Andrew Fun Fact 1:Ā Total inventory, new sales, and prices have all dipped after the election. Ā Total inventory of unsold single family homes is 722,000, 28% more than a year ago. Source: Altos Research; HousingWire Fun Fact 2: Crypto is...
Hello Friends, I have 4 fun facts to share with you today. Ā I hope youĀ have a great weekend! Blessings, Andrew Fun Fact 1:Ā Sales of existing homes in the US are on pace for their lowest annual total since 1995. Source: NAR Fun Fact 2: The interest payments on US National Debt have spiked to a record $1.1 trillion annual rate, increasing 120% over the past 4 years. (Let's hope...
Hello Friends, With theĀ election now over we can focus on life and work a little more! I just have 3 fun facts to share with you. Ā Have a great weekend! Blessings, Andrew Fun Fact 1:Ā Trump will be America's 47th president. Ā He won the electoral college votes needed and also the popular vote. Ā As of now (Thursday evening) he has 72,891,204 votes votes over Harris' 68,329,497...
Hey Friends, Wow! How is it November already? Ā Today, I haveĀ 4 fun facts to share with you. Ā Have a great weekend! Blessings, Andrew Fun Fact 1:Ā The median sale price of a home in the USĀ has risen $162,000 in 11 years while the median household income has only risen $12,390 in 10 years (2024 income data isn't tabulated yet but I'm certain it is not much.) Source: FRED, Census,...
Hey Friends, Just 4 fun facts to share with you today. Ā Have a great weekend! Blessings, Andrew Fun Fact 1:Ā U.S. single-family rent prices were up by 2.4% year over year in August, the lowest rate of growth recorded since last fall. Source: CoreLogic Fun Fact 2: Below is our September Market Snapshot for Colorado Springs.Ā (Click/Tap the imageĀ to view it larger.) The "list...
Hey Friends, I have 4 fun facts to share with you today, which mainly focus on home affordability. I hope you have a great weekend! Blessings, Andrew Fun Fact 1:Ā After the Fed Rate cut, everyone thought theĀ mortgage rates would fall. Ā However,Ā those rates wentĀ north, hitting 6.6% last week and making monthly payments on a new home less affordable. Source: Mortgage News...
Hey Friends, I haveĀ 5 fun facts to share with you today. I'll start with a few localĀ market stats here in Colorado Springs followed by a few more interesting ones.Ā Have a great weekend! Blessings, Andrew Fun Fact 1:Ā 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! Ā 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.Ā The real estate agents count fell 72,000 year-over-year, or 14%, marking the largest drop since 2008.Ā The number of...
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