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Realtor Chris Culp of Kenney & Company addresses Colorado Springs Real Estate Market

Colorado Springs Real Estate Market According to Chris Culp, Realtor

It is no mystery that the Colorado Springs Real Estate market is hot right now, according to Chris Culp. “Colorado Springs is a top 12 city to move to in the U.S. so we are seeing an influx of new buyers coming into our state.” These new buyer’s price points on average are about $350,000-$400,000 and under. As a result, we now have 10’s of thousands of people coming into Colorado looking for homes in this price range but we only have about 1,000-1,200 homes a month coming available. This makes for a very competitive market.

What advice do you have for a buyer in this market?

Chris explains, “the most important thing to do as a buyer in this market is be prepared.”  Meeting with a realtor® is one of the best ways to prepare for buying today in Colorado Springs. Reason being, realtors® devote their time and efforts to being knowledgeable and staying current with the market trends so they best know how to advise you in your buying strategy. Also, every buyer’s situation is different. A realtor® can help you map out your unique plan to be financially ready and staged to make an offer on the perfect home when it comes available.  The best piece of advice Chris can give you is, “start the conversation with a realtor® today. Whether you are six months, a year or even two years out from buying your home, starting the conversation with your realtor now is one of the best steps you can take.”

Learn more! Read Chris’ article: “10 First Time Homebuyer Mistakes to Avoid” by clicking here!