Thursday, October 02, 2008

Colorado Springs home sales statistics for September 08 aren't official yet, but it looks like we finally have a year to year INCREASE IN UNIT SALES! This is the first time since May of '06 that the year to year figures show an increase (5.6%) Prices are still soft, the average is down 6.3%, but this is really good news for us. We recently have been told the Denver Metro area has been upgraded to Stable from Declining as well, which mean that regionally, the worst is likely over.
The "bailout plan" looks like it is back on. There is a lot at stake, and after the prior fiasco in the House of Representatives, there are high expectations this version will pass. If it does not, we can expect more turmoil in the financial markets for the foreseeable future, and likely see a deepening recession. No one (even in Washington!) wants that.
Today's photo was from Friday 9-26 at Rocky Mountain National Park. It was amazing to be able to be so close to these magnificent elk.

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