Area's Housing Market Is Still Sagging

Summary


A record-shattering number of homes were listed for sale last month in the Pikes Peak region, while home construction continued its slump -- fresh signs the struggling local housing market isn't getting better.

In May, 6,567 homes were listed for sale in the area, a one- fourth increase over the same month last year and breaking the record of 6,200 set in June 1988, according to numbers released Friday by the Pikes Peak Association of Realtors.

See the full content of this document

Extract


Area's Housing Market Is Still Sagging

"Wow," said Harry Salzman, broker-owner of Salzman Real Estate Services in Colorado Springs. "The numbers, those are just crazy."

Too many homes for sale raises fears tha...

See the full content of this document

Sponsored links




ver las páginas en versión mobile | web

ver las páginas en versión mobile | web

© Copyright 2012, vLex. All Rights Reserved.

Contents in vLex United States

Explore vLex

For Professionals

For Partners

Company