Hey Friends,
I’ve got 4 fun facts for you today. Most of them focus on recent Colorado Springs market trends. I hope you have a great weekend!
Blessings,
Andrew
Fun Fact 1:
There are more than 600 million mobile money accounts in the world, mostly in Africa. (Mobile money differs from traditional bank accounts; you don’t need a physical bank branch or even an internet connection. Instead, you use text messages via a mobile phone for services like deposits, transfers, and payments. In this sense, it’s not the same as standard internet banking, which many of us now use for most transactions.)
Source: Our World in Data; GSM Association (2024)
Fun Fact 2:
Active listings in June were up 7.8% when compared to last month and jumped 31.0% when compared to last year at this time.
Source: Land Title Guarantee Company
Fun Fact 3:
Pending properties in June (indicating demand) were down 5.4% MoM and saw a decrease of 0.8% when compared to last year at this time.
Source: Land Title Guarantee Company
Fun Fact 4:
June listings saw 38 days on the market, on average. This was equal to last month and an increase of 40.7% when compared to last year at this time. Last year, listings saw just 27 days on market, on average.
Source: Land Title Guarantee Company
Quote I’m pondering:
“Focus on the seeds, not the trees. What seeds are you planting today?” -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.