It’s About the Listings…It’s about Interest Rates
The 2010 Sales Year was characterized by an abnormal addition of listings to the real estate market in the late winter and early Spring. In February, 2010, inventory swelled by almost 10% in a single...
View ArticleRed Numbers: Sales Down… but so too listings, months of inventory…
If you see RED, it ought to get your attention. Here is a seriously RED number: February 2011 returned a lousy 448 single family sales. That was 10% lower than… February 2009. In February 2009, for all...
View ArticleMarket Statistics for November, 2011 (or 2001?), Colorado Springs
sJuicy, Meaty, Relevant, Insightful and Not Afraid to Tell You So Market Data. What would be stranger, a real estate market recovery or the Broncos winning the AFC West? Both would be pretty weird,...
View ArticleHow’d we do? Our 2012 Projections in Review
Since 2007, I have constructed an Annual Report and Forecast for my real estate brokerage. For four years, that was an ERA Shields document. For the last two, I wrote one for Selley Group with my...
View ArticleGreenshoots 2013: Powers, PWR MLS Area
Powers is an area characterized by it’s newness. The “old homes” in the area date back to 1994, and with the modern consumer thinking about 10 to 15 years of ownership (ought to put that record-low...
View ArticleThe Stat Pack, January 2013: What’s Squeezing the Market?
We don’t believe in silver bullets. It’s why cable news doesn’t work well for us. Things don’t get easily distilled down into one minute 15 second soundbites of information. We also believe that to...
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