Sept. 8, 2011 -
PRLog -- Real estate sales in the Colorado Springs area were up about 21% in August after rising 12% in July. Average and mean prices of homes sold continued to drop a bit, but extremely low mortgage interest rates are enticing people to buy rather than wait for the absolute lowest possible prices, according to Tom Binnings of Summit Economics, a Colorado Springs based economic consulting firm. This would appear to be a change in buyer attitudes. Joe Clement of ReMax Properties in Colorado Springs says “What is working for the housing market today is low rates. Rates like this are hard to resist.” He expects these trends to continue, and he is “looking forward to a good fourth quarter.” Real estate sales in the region have not increased this much since the spring time of 2010 when the federal government had incentives in place to increase home sales. http://monumentcoloradohomesforsale.com has excellent information about home ownership in general, and you can get answers to all your real estate questions with regard to central Colorado answered there as well.
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About Monument Colorado Homes for Sale. Monument Colorado Homes for Sale can answer all your real estate questions for the Colorado Springs and Monument regions of El Paso county in Colorado