Tuesday, January 29, 2008

Another sign the Colorado Springs real estate market is turning? After showing 6 or 7 homes on Saturday out in Woodmen Hills, I got calls yesterday from 2 of the listing agents that they had received offers over the weekend. Who can say whether they will go under contract (neither has been indicated on the MLS yet), but these are the sort of calls we used to get when the market was more "normal". In addition, after almost the entire month of January, the inventory of homes for sale has only increased by only 100 homes or so, to just over 5500, which is a very good sign. We had expected a rush of listings as people who had pulled their home for the holidays came back on the market, but that does not appear to have happened.
After such a balmy weekend (50's and low 60's), it was cold and windy this morning, in the low teens. I guess Four Corners area (Durango, Telluride) got dumped on but we got no snow whatsoever, and although it is very cold, the sun is shining.

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