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(London.CityRegiions.com, May 28, 2012 ) Colorado Springs, Colorado - Real estate agents and homeowners are pleased to find out that Colorado Springs has been included in the recent CNN report “Best Recovery Bets”, pointing out the fact that, despite the national predictions, Colorado Springs is safe from harm in 2012. Positioned among the first ten large areas that are expected to record larger gains compared to previous years, Colorado Springs real estate market is expected to recover even sooner.
Since the 2006 market peak, the median price of a Colorado Springs house has dropped by 12% only, compared to other regions, but it’s expected to rise by at least 3% in the coming months. The market report for the Colorado Spring real estate market depicts a positive trend, with prices for Colorado Springs houses for sale rising to $370,607 on the Black Forest market, $182,400 in central and downtown areas, $321,800 on the Northwest real estate market and $316,600 in the Broadmoor region.
Reputable real estate agents and realtors claim that the stability and positive trend of the Colorado Springs real estate market is primarily attributed to the steady local economy, sustained by the numerous government and military jobs. Furthermore, the rise in home prices is also accounted for by the population growth in Colorado Springs, by more than 17% compared to the last decade.
People are moving to Colorado Springs to enjoy the four-season climate, the natural beauty and the proximity to Denver, says one of the real estate experts at LeithSEO analyzing the trend.
Affordability has also an important role in the decision-making process, considering that three-bedroom Colorado Springs houses, located in a pleasant neighborhood, have a median price of $200,000.
Real estate experts of LeithSEO are convinced that 2012 is the perfect time for home sellers, but also for those who are looking to settle down and purchase a house in this area. They also recommend getting into the rental market, as the strong Colorado Springs real estate market is characterized by a risk/return margin above the national average. Purchasing houses and giving them out to rentals is considered a great way for investors to optimize their profits in the near future.
The great opportunity is furthermore made visible by recent reports that include Colorado Springs among the 100 American cities that have a risk/return premium above the national average, giving both buyers and sellers a sense of urgency for them to close a good deal.
For popular listings, accurate market reports and buying tools, please visit http://springsforsale.com/.
About LeithSEO
LeithSEO provides a wide variety of real estate services to Colorado Springs buyers and sellers, keeping past, present and future clients constantly informed about the real estate market trends.
LeithSEO has made it its primary goal to establish long and meaningful relationships with its clients, always providing excellent assistance and accurate information contained in market reports, listings, buying tools and other useful resources.
Contact Information:
LeithSEO
Flat 38, 12 St Johns Quarters Pollokshield
Glasgow, Glasgow G41 5SW
United Kingdom
LeithSEO
Leith SEO
9999
support@leithseo.com
Source: EmailWire.Com
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