The Future of Real Estate: Potential Black Swan Events for Colorado Springs
Manage episode 364697942 series 3444783
What are the 2 possible upcoming black swan events that could change the housing market drastically in Colorado Springs?
The housing market is not doing great: Over the past ten years, the housing market has been getting worse because there aren't enough houses available. Recently, the market has been getting worse because people who have low-interest mortgages are not selling their homes. This means that there aren't many buyers or sellers in the market because they're waiting for better mortgage rates.
#AffordableHousing
#RealEstateMarket
#IncomeInequality
#HousingCrisis
#CostOfLiving
#SocialChange
#WealthDistribution
#RealEstateTrends
#PropertyInvestment
#SustainableLiving
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🔑 Kevin James Bond - Broker Associate and REALTOR® with RE/MAX Real Estate Group.
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