According to a recent study conducted by Trulia, Colorado Springs ranked seventh on a list of the top 10 fastest moving housing markets in the country. Less than 54% of homes on the market so far in 2016 were still on the market after 30 days, compared to 63% during 2015. The study attributes buyers moving to Colorado Springs from the higher priced Denver market, skyrocketing rent prices and the overall excellent livability of Colorado Springs to the increase in quick sales.
Of course, the fast-moving market also has a draw back. Those looking to purchase are finding limited availability in Colorado Springs. With real estate listings at a 25 year low, buyers are finding it more and more difficult to purchase their dream homes when looking at existing homes. Fortunately, the new construction market is also booming! CreekStone Homes has new home inventory with availability ranging from move-in ready right now to completion within six months.
So don’t give up. If you’re out there looking and your dream home has eluded you, CreekStone is building it right now! Visit our model homes in Gold Hill Mesa, Wolf Ranch and Cordera today for more information on our inventory and new starts.
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http://Colorado Springs is one of country’s ‘fastest-moving’ housing markets