What is the Forecast for the Colorado Springs Housing Market?
While it's true that, in some areas and market segments, there will be a leveling off of overall activity, this should not cause prospective buyers to overreact.
Activity reports and trend predictions are as abundant these days as roadside litter, and only slightly more useful to prospective homeowners, to whom we offer the following counsel:
The truth is that the proper time for you to buy is ANY time when your "DNA" (that is your DESIRE, NEED, and ABILITY TO PAY) is right. That's regardless of what the experts say, particularly the harbingers of impending turndowns or stagnations. (Many doom-shouters predict four or more major market slumps for every one that actually comes to pass.)
Those last three words, incidentally, are significant ones, because all market changes literally come to pass; they never come to stay indefinitely. If you haven't lived through these phenomena in the past, just ask someone who has.
Given the fact that real estate historically "goes up" in the long run, even those buyers who find that they've overpaid for a home need only wait for the price tide to rise in order to refloat their economic boat.
Meanwhile, chances are good that the "bottom fishermen" who held off in anticipation of an elusive bargain almost certainly missed opportunities to own a desirable home and may later have to settle for something less and/or pay even more.
Even turtles make progress by sticking their necks out!
The bottom line is . . . make your own decision and do what makes you happy. We are here to help when you need it!








