The inventory of unsold homes in Colorado Springs held during January at 5386 homes, from an already low point at the end of December, and up only 2.6% over last January. This is VERY good news for those of us who make our living in this industry, because it means we are finally making progress toward a more balanced market, from the lopsided buyers market we have had. No doubt interest rates are helping, along with fewer sellers who are just "testing" the market, and hopefully fewer foreclosures going forward? I showed property yesterday again, and only one of the homes was bank owned, and only 2 were vacant. January statistics probably won't be published until Monday, but it appears we will have a pretty light closing month at under 600 homes closed during January, but with as many pending as there are, February will look pretty good.

This winter seems to be running a little colder than usual, I don't remember so few days above 50 degrees, and so many single digit nights, but the sun feels good, and the snow we've had has been continuing to melt off quite quickly. The roads were dry again by dinner time last night after an overnight snow.

Todays photo is from a trip up to Copper Mountain last March with my brother and his family. They are true winter lovers, and we had such a great time!