Housing prices are going bonkers in Colorado Springs

[SteveSS]

Bidding wars are starting the first day they are listed.

Look at this chart.

https://www.zillow.com/colorado-springs-co/home-values/

 

[JackR]

Here too. 250 people a day moving here. Plates on the commute..California, washington Oregon and Utah.

 

[BAFRAID]

Crap, if everyone is leaving California maybe I’ll stay.

 

[#41]

Just bought in the county a year ago and up 8% already. My old house in the city 100 miles away has gone up 9%. I don't understand it.

 

[WP29440SE]

definitely a seller's market right now.

 

[Tony Tee]

Bidding wars are starting the first day they are listed.

Look at this chart.

https://www.zillow.com/colorado-springs-co/home-values/

950 people moving to Florida every day!

 

[68Moparmaniac]

We didn't learn from the last housing bubble...
Hope we don't have to bail the industry out again on our dime

 

[YY1]

We paid 77K for a fix up 1100 sf rental property in 2015.

Comps were 90-110.

Just got ins bill last week. Trying to say it's worth 200K!

 

[Budnicks]

way better than under the last 2 prev. admin.'s
I lost $200k on my last place, a duplex, from its highpoint values
& sold in, took 2 years time nobody was buying at sale prices
from Nov. 2007 to Dec. 2009, fucken' sucked ***, housing markets crashed
a previous $500k setup sold for $295k, with the buyers paying all fees

I wish I would have bought a bunch more
when the market was really hurting
especially at the current interest rates under 3%

I still made $$$ about $175k,
from when I bought it right in 1997 for $120k
but a lot less $$$$ than I would have made currently,
it's more than made up for it, under the current admin.

a seller's market in many paces now

Location Location Location
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