Colorado Springs Housing Market Bubble. This is actually a good thing for our market. Core logic is stating that more than half of the nation s top 50 housing markets are in a housing bubble and were considered overvalued in april.
In a sign that housing continues to lead the economy forward builder confidence nahb wells fargo hmi index in the market for newly built single family homes continues to increase the latest reading of 85 is up 2 from last september s 83 and at its. Don t panic denver is not entering a housing bubble sponsored. In colorado springs the median value of homes purchased by new movers was 286 100.
41 of the population lives in a rental property.
Zillow recently published its 2018 housing market report that showed that america s 33 3 trillion housing market is up by 49 since 2012. This is actually a good thing for our market. Housing market continues to climb gaining 6 2 percent in 2018 to reach a total value of 33 3. Investors bought up homes and flipped them into higher.
