|
Now is the
perfect time to buy Colorado real estate.
Colorado
Springs in not only a great place to live, (voted #1 in Money Magazine
2006) it is also perfect for homeownership. And right now, Colorado
Springs has three conditions that are
necessary for buyers to get the best deals. 1) Low interest rates (currently
at 40-yr lows), 2) longer listing periods (competition is not as strong,
thus prices are better), and 3) a larger inventory (giving buyers a better
selection).
Now is also the perfect time to move up. For example, if you need to
sell a $250K property and wish to buy an estate in the $400K price range,
you can wind up saving far more money upgrading now. While you may not
make the $10K extra on your existing property that you might if you sell
next year, you can save $50K to $75K on the larger property if you buy
now.
|