Pagosa Springs Realtors
2020 continues to buck past trends, and with a twist to the typical fall housing market, demand for homes continues to exceed supply.
Nationally, homes are reporting to sell an average of thirteen days faster than the same period one year ago. Fall is typically a season when home sales are at a slower pace, and prices may even back off a bit. Not this year though!
Local Knowledge Pays Off
Real estate in Pagosa Springs, Colorado is no exception. The housing market is tight, and you’ll need to remain on top of things when looking.
Working with an experienced realtor is one of the most important things to consider when the market gets competitive. At Pagosa Brokers Real Estate we have the experience to help buyers gain an edge.
As we’ve noted recently, speed matters! If you’re house hunting, and see a home you like, take a shot at making an offer as quick as possible.
Take a look at more tips for homebuyers in a tight market here.
Other Market Trends
Along with a tight supply, mortgage rates continue to break record low rates. With last week closing at 2.78% for a 30 year loan, rates haven’t been this low since Freddie Mac began record keeping in 1971.
It seems current market trends are going to continue. We want to make sure you have the edge you need to find your perfect place in colorful Colorado.
More on national housing market trends here.
National mortgage rate info.
Our Brokerage firm has friendly knowledgeable agents, and Southwest Colorado realty experience spanning decades. In Pagosa Springs, Colorado, count on Pagosa Brokers Real Estate. We’d be happy to help guide you through the stages of home buying and selling!
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