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Nessled on Cheyenne Mountain!
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AMY MARIE SIMMONS: (719)325-1985 or Toll Free (800)873-3303
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I Want To Help Make All Your Real Estate Dreams Become A Reality!
I understand your concerns about choosing the right Realtor. The current Real Estate market is in a constant state of change and only a dedicated and experienced professional can assure that your greatest investment will be protected and can help you get the return you want.
Buying a home can sometimes be a complex undertaking. My goal is to help you achieve your goals and save you time and money. With your help, I will determine your needs and wants. I promise to make your Real Estate experience as comfortable and stress free as I possibly can. I possess a wide range of Real Estate experience and will work hard to find the home you desire or I will sell your home in a timely and professional manner.
I would like to assist you with your Real Estate needs. I will give 100% to ensure that all of your expectations are met through a higher standard. Please give me a call today, and see how effortless reaching your real estate goals in Colorado Springs can be.
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 After viewing my web site, I hope that my record and experience will speak for itself.I work with First-Time Home Buyers, Move-Up Buyers, Bank Repo's, Foreclosures, New Homes - HUD - FHA - VA - Owner-Carry - Lease Options... whatever your situation may be, I can help you. I've worked with hundreds of Sellers and Buyers and as your Real Estate Consultant, I will work hard to give you Peace of Mind!
I invite you to contact me for any of your Real Estate needs and questions, as I am here to serve you, the client! I look forward to hearing from you soon! Please feel free to call me anytime at (719)325-1985 or Toll Free (800)873-3303.
I work the entire Colorado Springs, Castle Rock and Denver markets - call me today!
ATTN: INVESTORS!
"My Customers Are Always Number One!" |
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NOTICE!
The Internet Is A Great Source Of Information And Fact Gathering -- I Use It All The Time! It Can Provide You With Valuable Information In Your Initial Search For House Hunting And Selling Of Properties In Colorado Springs. It CANNOT Provide You With The Expertise Of A REALTOR Providing You The Knowledge Of Local/State Laws, Market Conditions, Or Help You Understand The Process You Need To Take To Achieve Your Individual Goals And Needs. For Any Clarification/Questions/InterpretationOf The InformationYou're Receiving Online -- Please E-Mail Me!
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Home Prices Expected to Recover in 2008 As Inventories Decline |
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WASHINGTON, July 11, 2007 -
Home prices are expected to recover in 2008 with existing-home sales picking up late this year and new-home sales rising early next year, according to the latest forecast by the National Association of Realtors®.
Lawrence Yun, NAR senior economist, said a good buyers’ market has evolved. “Buyers now have an overwhelming advantage given the wide selection of homes available in many markets,” he said. “But with profit margins coming under pressure, homebuilders will limit new construction well into 2008. This should help the overall inventory level to move steadily into a more balanced state.”
Existing-home sales are expected to total 6.11 million this year and 6.37 million in 2008, down from 6.48 million last year. New-home sales are projected at 865,000 in 2007 and 878,000 next year, compared with 1.05 million in 2006. Housing starts, including multifamily units, are forecast at 1.43 million units this year and 1.44 million in 2008, down from 1.80 million last year.
Existing-home prices are likely to rise 1.8 percent to a median of $222,700 in 2008 after a 1.4 percent decline this year to $218,800. The median new-home price should rise 2.2 percent to $245,400 next year following a 2.6 percent drop in 2007 to $240,100.
“Markets that sharply reduce new construction in 2007 will generally experience respectable price increases in 2008,” Yun said. “Local conditions vary considerably, but with historically low mortgage interest rates this summer and sustained job gains, it could be a good time for first-time buyers with a long-term view to test the housing waters.”
The 30-year fixed-rate mortgage is estimated to average 6.7 percent during the second half of this year, and fluctuate around 6.6 percent in 2008.
Growth in the U.S. gross domestic product (GDP) will probably be 2.0 percent in 2007, compared with a 3.3 percent growth rate last year; GDP is forecast to grow 2.8 percent in 2008.
The unemployment rate is likely to average 4.6 percent in 2007, unchanged from last year. Inflation, as measured by the Consumer Price Index, is projected at 2.6 percent in 2007, down from 3.2 percent last year. Inflation-adjusted disposable personal income should rise 3.0 percent this year, up from a 2.6 percent gain in 2006.
The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing more than 1.3 million members involved in all aspects of the residential and commercial real estate industries.
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