The Hughes Team

Colorado Springs Real Estate by Hughes


Finally, a bottom for home prices

The Kiplinger news reported that housing prices are expected to stop sinking in the spring but that recovery will be gradual. The predicted growth  won't be dramatic. They expect home prices to rise 3 to 4 % in 2013.

Foreclosure numbers are set to level off. 3.5 million foreclosures are still in the pipeline but the effect is predicted to deminish when it becomes clear that the worst has passed. 

Home sales are predicted to go up this year to 5.5 million for new and existing homes, a 4% increase from 2011.

 

 

For more information on any Colorado Springs Homes For Sale, contact:

The Hughes Team

Colorado Springs Realtors 

Click here for a Detailed Market Snapshot for any address in

El Paso and Teller Counties

 

 

 



http://www.realestatebyhughes.com/00BEAC
Posted on January 17, 2012 17:48:58 by The Hughes Team

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