Enough Already

Dated: 03/31/2018

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So March has come and gone, and inventory in El Paso County is not improving, not even a little.  Buyers are showing plenty of battle-weariness, and some are already throwing in the towel, after losing far too many offers to others!  There isn't a forecast for inventory to improve either, so for the meantime, buckle up and fight your best fight if you're a buyer.  The good news (yes, there is some) is that as interest rates continue to rise, some buyers will have to drop out, or change their targets.  Of course, that's good news for the buyers who can remain.  Sellers are still in a fantastic position to realize maximum gains, and selling sooner rather than later will lock in those gains before the buyer pool suddenly shifts, and gains some power.

No matter what side you're on, it's not easy...Buy now, wait, Sell now, wait, move up, build new?  Let me guide you through the choices and help you make your best decision!


El Paso County, CO Inventory 3/31/18 Any Bedrooms 3+ Bedrooms
All Homes 742676
Under $500K
435376
Under $400K 309258
Under $300K 146103
Under $200K 3616

What's your home worth today?

Dave Genevich is a professional RealtorĀ® specializing in Residential Real Estate in Colorado SpringsMonumentPeyton, and the entire Eastern Pikes Peak Region, including housing for those stationed at Fort CarsonPeterson AFBSchriever AFBCheyenne Mountain Air Force Station and the Air Force Academy.

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