Eddie's Colorado Springs Blog

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Real Estate Agent - ERA Shields Real Estate
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Happy Holidays! Trying to come up with that perfect gift for that special someone?  How about the gift of financial security; the gift of a college education or maybe the gift of retirement?  With our current local market being down, now is the time to consider purchasing investment properties.  ...
12/10/2008
Ever wonder why the value of some neighborhoods appreciate while others depreciate with the same metro area?  One of the reasons often times is the involvement of the residents within the community.  For example, I live in the Mountain Shadows neighborhood in Colorado Springs.  Mountain Shadows h...
09/12/2008
The market is on a pace to be down 39% in units from the 2005 peak. At the present sales rate for the year, there will be somewhere around 8000 transactions and an average price point roughly the same as the end of December, 2005. Believe it or not, that's good news and possibly the envy of most ...
06/16/2008
Springtime in the Rockies where April Showers bring May Snows... Stabilizing trends are evident amidst the usual spring tumult. As Relocation Season shifts into high gear, lots of homes come on the market and some of them sell. In the last calendar year, less than half the homes put on the market...
06/16/2008
As predicted in the annual report, the first quarter of 2008 was as tumultuous as any time in the recent market slowdown. Characteristics of the First Quarter, 2008 include: low prices, low selling activity, high inventory, tightened credit and bad press coverage. What is not characteristic of th...
06/16/2008
THE RULES: There are many rules in a fluid real estate market, but here are a few that we believe hold true IN ANY MARKET (one favoring buyers; one favoring sellers; it does not matter): •LOCATION, LOCATION, LOCATION •MONEY IS MADE ON THE BUY •SELLERS SET ASKING PRICES; BUYERS DETERMINE VALUE •BU...
06/16/2008
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If the bell curve does not swing upwards in March, it likely will in the next 45 to 60 days. The last four months have been some of the slowest market activity in memory, but some forces are at work to improve the conditions of the market. A market improvement will not will be uniform or consiste...
03/14/2008
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It is very hard to discount the average sales price at a three-year low. The dip of 20% in sold units was equally alarming. The January sales price was a $20,000 dip from December when signs of price stability were beginning. The price dip undoes some of that stability, but needs to be analyzed. ...
03/14/2008
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Markets are fluid. Wall Street rises and falls daily. Interest rates require buyers to lock because they move up and down hourly. Real estate prices move up and down because they are ruled by supply and demand. Economics involves markets, markets change, real estate is a market, and the local rea...
03/14/2008
0 Comments
Markets are fluid. Wall Street rises and falls daily. Interest rates require buyers to lock because they move up and down hourly. Real estate prices move up and down because they are ruled by supply and demand. Economics involves markets, markets change, real estate is a market, and the local rea...
03/14/2008
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Eddie Hurt

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smartphone(719) 339-3765
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